




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 1512 7th Ave SE, Cedar Rapids, IA, 52403 earns $135/mo cash flow from $914/mo rent with a $587/mo payment. Total monthly income totals $914/mo, and annual cash flow totals $1,620/yr on $39,780 capital. ROI tracks 23.98% on current figures, and rental yield reads 9.14% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 125.06% and total cumulative return in cash sums $49,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $914/mo property income instead of your personal income.
Single Family
Built in 1914
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $120,000 |
| 2017-06-02 | Listing removed | $825 |
| 2017-05-02 | Listed for rent | $825 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $1270.00 | 15.45% | $67,100 | 11.46% |
| 2022-04-04 | $1100.00 | -5.01% | $60,200 | 13.37% |
| 2021-04-04 | $1158.00 | 8.43% | $53,100 | 1.14% |



Listed by: Marie Hancock • Fathom Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502224
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.