Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cedar Rapids at 143 21st St SW, Cedar Rapids, IA, 52404 offers a 9.71% rental yield on a $155,000 purchase with $1,254/mo rent. Total monthly income registers $1,254/mo, and a $759/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,964/yr on $51,383 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 134.15% and total cumulative return in cash at $68,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,254/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
8,624 sqft 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $155,000 |
| 2021-06-14 | Sold | $136,000 |
| 2021-05-04 | Pending sale | $132,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $2328.00 | -4.04% | $133,700 | 1.67% |
| 2023-06-26 | $2426.00 | 6.78% | $131,500 | 14.35% |
| 2022-06-26 | $2272.00 | 11.37% | $115,000 | 4.83% |
Listed by: Ashley Rance • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504664
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.
