








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 1433 10th St NW, Cedar Rapids, IA, 52405 uses $74,554 cash to close to unlock $3,254/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,732/mo, and a $1,101/mo payment keeps the spread at $271/mo. Purchase price stands at $224,900, and rental yield measures 9.24% with $1,732/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash records $94,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,732/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,712 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $224,900 |
| 2016-08-26 | Sold | $123,000 |
| 2016-08-13 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2742.00 | 4.50% | $166,900 | 17.29% |
| 2022-10-16 | $2624.00 | 2.26% | $142,300 | 2.37% |
| 2021-10-16 | $2566.00 | 5.34% | $139,000 | 8.42% |



Listed by: Bob Kula • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406808
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.