








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 1432 North Ave, Cedar Rapids, IA, 52404 uses $53,007 cash to close to unlock $1,694/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,180/mo, and a $783/mo payment keeps the spread at $141/mo. Purchase price stands at $159,900, and rental yield measures 8.86% with $1,180/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 120.45% and total cumulative return in cash records $63,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,180/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1956
5,009 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Herve Cantrell • Epique Realty
Mls Name: CRAAR, CDRMLS
Mls ID: #2506736