








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 107 Woodstone Ln SW, Cedar Rapids, IA, 52404 priced at $205,000 converts $1,818/mo rent into $487/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,818/mo, and annual cash flow totals $5,844/yr on $67,958 invested. Return on cash invested prints 28.51% in year one, and rental yield reads 10.64% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 149.34% and total cumulative return in cash sums $101,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,818/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Condo
Built in 2012
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jonathan Doerrfeld • Realty87
Mls Name: CRAAR, CDRMLS
Mls ID: #2509088