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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% |
Rental property for sale in Cedar Rapids at 1818 Park Ave SE, Cedar Rapids, IA, 52403 generates $1,101/mo in rent and, after a $685/mo payment, leaves $192/mo in cash flow. Total monthly income is $1,101/mo, and annual cash flow is $2,304/yr on $46,410 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 9.44% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $60,262. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
4,181 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: Laura Merchan • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2506174
