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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% |
Rental property for sale in Cedar Rapids at 1118 Woodlark Ln NW, Cedar Rapids, IA, 52405 priced at $159,900 pairs $1,254/mo rent with $166/mo cash flow after a $783/mo payment. Total monthly income equals $1,254/mo, and annual cash flow comes to $1,995/yr on $53,007 invested. Return on cash invested is 23.67% in year one, and rental yield stands at 9.41% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 123.89% and total cumulative return in cash reaches $65,670. For financing, Ziffy Mortgage’s DSCR program evaluates $1,254/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
7,797 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $159,900 |
| 2025-04-03 | Pending sale | $159,900 |
| 2025-04-01 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $3018.00 | 5.52% | $167,900 | 10.46% |
| 2022-04-04 | $2860.00 | -0.97% | $152,000 | 3.40% |
| 2021-04-04 | $2888.00 | 6.80% | $147,000 | 5.38% |
Listed by: Jill Monnahan • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502014
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.
