Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1042 Arthur Dr NW, Cedar Rapids, IA, 52405 uses $91,163 cash to close to unlock $144/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,346/mo payment keeps the spread at $12/mo. Purchase price stands at $275,000, and rental yield measures 7.85% with $1,798/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 104.07% and total cumulative return in cash records $94,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1986
8,407 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 |
|---|---|---|
| 2025-05-31 | Price change | $275,000 |
| 2025-05-28 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $3012.00 | -15.15% | $214,000 | 9.02% |
| 2023-06-01 | $3550.00 | 1.89% | $196,300 | 8.69% |
| 2022-06-01 | $3484.00 | -4.39% | $180,600 | N/A |
Listed by: Cathy Hill, Crs • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503866
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.
