








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 1010 19th St NW, Cedar Rapids, IA, 52405 offers a 10.11% rental yield on a $229,900 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,125/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,330/yr on $76,212 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 140.81% and total cumulative return in cash at $107,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.32 Acres 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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $229,900 |
| 2016-02-12 | Sold | $145,000 |
| 2015-08-25 | Price change | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $3214.00 | 1.90% | $173,800 | 5.59% |
| 2022-11-20 | $3154.00 | -0.69% | $164,600 | N/A |
| 2021-11-20 | $3176.00 | 9.59% | $164,600 | 5.65% |



Listed by: Wendy Votroubek • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407922
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.