1252 30th St NE, Cedar Rapids, IA, 52402 | $348/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1252 30th St NE, Cedar Rapids, IA, 52402 | $348/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Cedar Rapids at 1252 30th St NE, Cedar Rapids, IA, 52402 uses $49,559 cash to close to unlock $4,174/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $732/mo payment keeps the spread at $348/mo. Purchase price stands at $149,500, and rental yield measures 10.59% with $1,319/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 148.41% and total cumulative return in cash records $73,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $732/mo payment rather than investor’s personal income.

Single Family

Built in 1919

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Come and see the charm and cleanliness of this home. Beautifully landscaped and carefully maintained, it offers peace of mind and everyday comfort. With neutral tones, a cohesive layout, and no major updates likely needed anytime soon, you can enjoy homeownership with less stress. The two-stall garage is equipped with electricity, and a storage shed out back provides the perfect spot for yard tools and extras. Inside, cozy up by the gas fireplace with your favorite book, or step outside to take in the quiet surroundings where you can hear the birds sing. This property blends easy living with condition worthy of pride, making it a place youll love to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,282 (100%)
Owner Occupied HU	11,711 (60.7%)
Renter Occupied HU	6,275 (32.5%)
Vacant Housing Units	1,296 ( 6.7%)
Median Home Value	$208,064
Average Home Value	$237,802