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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 1 day ago
$ 239,900
ROI
26.5
Cash Flow/m
447- 3 Bed
- 2 Bath
- 1529 sft
1333 Tower Ln NE, Cedar Rapids, IA, 52402

Listed for sale 1 day ago
$ 287,900
ROI
21.4
Cash Flow/m
131- 2 Bed
- 3 Bath
- 2432 sft
633 Tiffany Dr NE, Cedar Rapids, IA, 52402

Listed for sale 4 days ago
$ 145,000
ROI
20.0
Cash Flow/m
11- 2 Bed
- 2 Bath
- 1432 sft
1723 Pikes Peak Ct NE, Cedar Rapids, IA, 52402

Listed for sale 6 days ago
$ 155,000
ROI
24.0
Cash Flow/m
183- 2 Bed
- 1 Bath
- 1162 sft
3712 Foxborough Ter NE APT D, Cedar Rapids, IA, 52402
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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