








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 1024 18th St NW, Cedar Rapids, IA, 52405 earns $1,016/mo cash flow from $2,185/mo rent with a $881/mo payment. Total monthly income totals $2,185/mo, and annual cash flow totals $12,194/yr on $59,637 capital. ROI tracks 40.36% on current figures, and rental yield reads 14.57% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 212.96% and total cumulative return in cash sums $127,005. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,185/mo property income instead of your personal income.
Single Family
Built in 1960
7,666 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $179,900 |
| 2025-05-05 | Listing removed | $169,900 |
| 2025-02-27 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $2439.63 | 19.82% | $102,500 | N/A |
| 2023-06-03 | $2036.00 | -1.83% | $102,500 | 6.22% |
| 2022-06-03 | $2074.00 | 11.75% | $96,500 | 12.21% |



Listed by: Jeremy Trenkamp Real Estate Team • COLDWELL BANKER HEDGES CORRIDOR
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504052
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.