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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1506 13th Ave SW, Cedar Rapids, IA, 52404 earns $369/mo cash flow from $1,213/mo rent with a $636/mo payment. Total monthly income totals $1,213/mo, and annual cash flow totals $4,428/yr on $43,095 capital. ROI tracks 30.18% on current figures, and rental yield reads 11.2% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 158.31% and total cumulative return in cash sums $68,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,213/mo property income instead of your personal income.
Single Family
Built in 1954
5,575 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: Jodi Covington • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2507642
