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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 2 days ago
$ 293,000
ROI
27.2
Cash Flow/m
609- 3 Bed
- 3 Bath
- 1834 sft
810 Deer Run Dr NE, Cedar Rapids, IA, 52402
Listed for sale 2 days ago
$ 179,950
ROI
26.2Cash Flow/m
324- 2 Bed
- 2 Bath
- 1045 sft
2758 O Ave NW Unit B, Cedar Rapids, IA, 52405
Listed for sale 3 days ago
$ 123,900
ROI
24.9Cash Flow/m
177- 2 Bed
- 2 Bath
- 1136 sft
5712 Golden Ct NE APT 59, Cedar Rapids, IA, 52402
Listed for sale 3 days ago
$ 159,500
ROI
31.0Cash Flow/m
497- 2 Bed
- 2 Bath
- 1024 sft
3740 37th Ave SW Unit A, Cedar Rapids, IA, 52404
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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