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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 1746 B Ave NE, Cedar Rapids, IA, 52402 listed at $245,000 pairs $1,154/mo rent with a $1,199/mo payment. Total monthly income runs $1,154/mo. Return on cash invested measures 13.45% in year one, and rental yield registers 5.65% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 68.59% and total cumulative return in cash totals $55,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,154/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1901
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Listed for sale | $245,000 |
| 2025-09-16 | Listing removed | $575 |
| 2025-09-14 | Price change | $575 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $1826.00 | -0.33% | $108,200 | 4.84% |
| 2023-09-23 | $1832.00 | -13.58% | $103,200 | 18.76% |
| 2022-09-23 | $2120.00 | -3.72% | $86,900 | N/A |
Listed by: Chris Puckett • Realty87
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507960
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.
