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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 103 Broadmore Rd SW, Cedar Rapids, IA, 52404 at $215,000 posts ROI 32.77% with $764/mo cash flow from $2,160/mo rent. Total monthly income equals $2,160/mo, and annual cash flow records $9,168/yr on $71,273 to close. Return on cash invested measures 32.77% and rental yield reads 12.06% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 172.23% and total cumulative return in cash totals $122,749.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,968 (100%) |
| Owner Occupied HU | 11,682 (55.7%) |
| Renter Occupied HU | 7,536 (35.9%) |
| Vacant Housing Units | 1,750 ( 8.3%) |
| Median Home Value | $201,736 |
| Average Home Value | $240,149 |
Residential
19,505
Single Family
14,648
Multi-Family
4,857
Businesses
1,391
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $215,000 |
| 2025-06-23 | Pending sale | $219,500 |
| 2025-06-03 | Price change | $219,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $2906.00 | -9.07% | $194,600 | 6.16% |
| 2023-10-16 | $3196.00 | 7.32% | $183,300 | 11.90% |
| 2022-10-16 | $2978.00 | -0.40% | $163,800 | 4.93% |
Listed by: Susan Eaton • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503272
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.
