








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Cedar Rapids at 1619 5th Ave SE, Cedar Rapids, IA, 52403 generates $1,014/mo in rent and, after a $631/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,014/mo, and annual cash flow is $2,119/yr on $42,764 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.43% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 129.84% and total cumulative return in cash sums $55,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,014/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
5,619 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tim Nash • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2509803