1730 Park Ave SECedar RapidsIA52403
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cedar Rapids at 1730 Park Ave SE, Cedar Rapids, IA, 52403 with 5% annual appreciation on a $109,950 basis while $866/mo rent supports operations. Total monthly income totals $866/mo and a $538/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,785/yr on $36,448 deployed, and return on cash invested reaches 24.81% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,377 alongside rental yield of 9.45%. Five-year ROI measures 129.57% and total cumulative return in cash totals $47,228.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $866/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
2,265 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
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Listed by: Josh Bass • INTREPID REAL ESTATE
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507734
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.