








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 1005 F Ave NW, Cedar Rapids, IA, 52405 uses $66,300 cash to close to unlock $6,660/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,854/mo, and a $979/mo payment keeps the spread at $555/mo. Purchase price stands at $200,000, and rental yield measures 11.12% with $1,854/mo rent. Return on cash invested shows 29.95% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 157.12% and total cumulative return in cash records $104,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,854/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1921
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $200,000 |
| 2024-09-30 | Listing removed | $200,000 |
| 2024-08-22 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2698.00 | 8.01% | $160,100 | 17.03% |
| 2022-10-16 | $2498.00 | -7.00% | $136,800 | 5.64% |
| 2021-10-16 | $2686.00 | 11.45% | $129,500 | -0.61% |



Listed by: Karra Garcia • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407157
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.