1267 18th Ave SW, Cedar Rapids, IA, 52404 | $478/mo Cash Flow

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1267 18th Ave SW, Cedar Rapids, IA, 52404 | $478/mo Cash Flow | Ziffy

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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 1267 18th Ave SW, Cedar Rapids, IA, 52404 offers a 10.81% rental yield on a $189,900 purchase with $1,711/mo rent. Total monthly income registers $1,711/mo, and a $929/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,738/yr on $62,952 to close, and return on cash invested stands at 29.02% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 152.18% and total cumulative return in cash at $95,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

5,600 sqft lot

$N/A/sqft

No HOA

More details about the property

Updated and Ready for You! This three-bedroom home with a non-conforming lower-level room provides plenty of space for your lifestyle. Whether you need a home office, a playroom for the kids, or a dedicated workout space, this home delivers. Two full bathrooms, including a beautifully remodeled one. The clean, white kitchen and fresh updates throughout (new carpet, lighting, and paint) create a move-in-ready experience. A finished lower level with a wet bar adds to the home's appeal. Enjoy the security of a fenced-in yard and the convenience of a four-stall garage (two-stall tandem). HARD TO FIND! Come tour this gem before it's gone, something for the whole family!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

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