








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cedar Rapids at 100 4th Ave SW #204, Cedar Rapids, IA, 52403 offers a 3.74% rental yield on a $399,900 purchase with $1,248/mo rent. 36% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 11.1% and total cumulative return in cash at $14,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,248/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
$7,080 annually HOA
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Price change | $399,900 |
| 2025-06-12 | Listed for sale | $407,000 |
| 2025-06-10 | Listing removed | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $5722.00 | -3.96% | $342,900 | 2.73% |
| 2023-07-16 | $5958.00 | 1.85% | $333,800 | 14.55% |
| 2022-07-16 | $5850.00 | -4.38% | $291,400 | N/A |



Listed by: Noelle Madden • Realty87
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504611
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.