1829 J St SWCedar RapidsIA52404
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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 1829 J St SW, Cedar Rapids, IA, 52404 listed at $115,000 pairs $863/mo rent with a $563/mo payment to leave $116/mo cash flow. Total monthly income runs $863/mo, and annual cash flow reaches $1,392/yr on $38,123 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 9.01% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 122.79% and total cumulative return in cash totals $46,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $863/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1902
5,662 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,505
Single Family
14,648
Multi-Family
4,857
Businesses
1,391
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Listed by: Chad Gloede • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls ID: #2600238