








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 1507 10th Ave SW, Cedar Rapids, IA, 52404 uses $45,581 cash to close to unlock $2,832/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $673/mo payment keeps the spread at $236/mo. Purchase price stands at $137,500, and rental yield measures 9.85% with $1,129/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 136.57% and total cumulative return in cash records $62,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $673/mo payment rather than investor’s personal income.
Single Family
Built in 1953
N/A 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 |
|---|---|---|
| 2025-09-17 | Listing removed | $139,999 |
| 2025-08-23 | Price change | $139,999 |
| 2025-08-10 | Price change | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1554.00 | -11.50% | $107,100 | 1.71% |
| 2023-10-10 | $1756.00 | 7.33% | $105,300 | 14.33% |
| 2022-10-10 | $1636.00 | -2.04% | $92,100 | 4.78% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A