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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 1625 6th Ave SE, Cedar Rapids, IA, 52403 uses $46,410 cash to close to unlock $7,800/yr annual cash flow and $650/mo monthly cash flow. Total monthly income runs $1,559/mo, and a $685/mo payment keeps the spread at $650/mo. Purchase price stands at $140,000, and rental yield measures 13.36% with $1,559/mo rent. Return on cash invested shows 36.72% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 193.35% and total cumulative return in cash records $89,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1912
2,800 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 |
|---|---|---|
| 2025-08-15 | Sold | $140,000 |
| 2025-07-14 | Pending sale | $142,000 |
| 2025-06-12 | Price change | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | N/A | N/A | $88,700 | N/A |
| 2023-10-10 | N/A | N/A | N/A | N/A |
| 2022-10-10 | N/A | N/A | N/A | N/A |
Listed by: Emily Drinkwater • Realty87
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503990
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.
