




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 1015 Pawnee Dr NW, Cedar Rapids, IA, 52405 earns $167/mo cash flow from $1,531/mo rent with a $1,028/mo payment. Total monthly income totals $1,531/mo, and annual cash flow totals $2,004/yr on $69,615 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.75% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 118.67% and total cumulative return in cash sums $82,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,531/mo property income instead of your personal income.
Single Family
Built in 1964
0.31 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cathy Hill, Crs • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508241