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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Cedar Rapids, IA
Listed for sale 4 days ago
$ 189,500
ROI
25.1
Cash Flow/m
284- 2 Bed
- 2 Bath
- 1136 sft
1472 Tower Ln NE Unit 5, Cedar Rapids, IA, 52402
Listed for sale 5 days ago
$ 134,500
ROI
23.8Cash Flow/m
153- 2 Bed
- 1 Bath
- 1022 sft
4019 Lexington Dr NE APT D, Cedar Rapids, IA, 52402
Listed for sale 6 days ago
$ 130,000
ROI
20.6Cash Flow/m
31- 2 Bed
- 1 Bath
- 900 sft
6410 Creekside Dr NE Unit 2, Cedar Rapids, IA, 52402
$ 365,000
ROI
24.9Cash Flow/m
524- 4 Bed
- 3 Bath
- 2101 sft
2237 Tranquil Ct NW, Cedar Rapids, IA, 52405
Why Invest in Cedar Rapids, Iowa?
Cedar Rapids, IA offers strong opportunities in the condo market for investors seeking stable cash flow. The city's diversified economy supports consistent rental demand from professionals. With average rents around $1,100 and cap rates near 7%, condos provide solid rental yields of 8-9%. Appreciation has averaged 4% annually, bolstered by urban revitalization projects. Low vacancy rates under 5% ensure reliable occupancy for condo investments.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer strong rental yields around 8% and cap rates of 7% due to steady job growth and low vacancies. The market's affordability supports positive cash flow. Appreciation trends at 4% add long-term value.
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