








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Cedar Rapids at 106 Leroy St NW, Cedar Rapids, IA, 52405 generates $1,683/mo in rent and, after a $1,211/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,683/mo, and annual cash flow is $912/yr on $82,046 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 8.16% on a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 109.19% and total cumulative return in cash sums $89,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,683/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,740 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Daniel Baty • Realty87
Mls Name: CRAAR, CDRMLS
Mls ID: #2509692