1801 Shady Grove Rd SW, Cedar Rapids, IA, 52404 | 5.4% Rental Yield

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1801 Shady Grove Rd SW, Cedar Rapids, IA, 52404 | 5.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cedar Rapids at 1801 Shady Grove Rd SW, Cedar Rapids, IA, 52404 generates $1,642/mo in rent, after a $1,786/mo payment. Total monthly income is $1,642/mo. Return on cash invested sits at 12.69% in year one, and rental yield is 5.4% on a $364,990 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,840 over five years. Five-year ROI reaches 64.56% and total cumulative return in cash sums $78,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,642/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

10,560 sqft lot

$N/A/sqft

No HOA

More details about the property

Brand new construction on a desirable corner lot backing to green space for added privacy. The Great Room staircase is framed by a wall of windows, filling the home with abundant natural light. The main level features durable LVT flooring throughout the open-concept living areas. The kitchen offers a breakfast bar, quartz countertops, and a dining area with a slider leading to a deck with stairs down to the patio perfect for indoor-outdoor living. The Great Room is anchored by an electric fireplace, adding warmth and ambiance. The main floor laundry room is conveniently located near the bedrooms. The lower level is stubbed for a full bath and offers plenty of potential for a future bedroom and spacious rec room customize it to fit your needs!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,968 (100%)
Owner Occupied HU	11,682 (55.7%)
Renter Occupied HU	7,536 (35.9%)
Vacant Housing Units	1,750 ( 8.3%)
Median Home Value	$201,736
Average Home Value	$240,149