








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 1933 4th Ave SE, Cedar Rapids, IA, 52403 generates $1,526/mo in rent and, after a $1,076/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,526/mo, and annual cash flow is $1,178/yr on $72,897 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 8.33% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 111.96% and total cumulative return in cash sums $81,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,526/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
8,276 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 |
|---|---|---|
| 2025-07-26 | Listed for sale | $219,900 |
| 2025-04-11 | Listing removed | $229,000 |
| 2025-04-01 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-31 | $3326.00 | 1.22% | $104,000 | -44.65% |
| 2023-07-31 | $3286.00 | 14.57% | $187,900 | 14.09% |
| 2022-07-31 | $2868.00 | -7.06% | $164,700 | 11.74% |



Listed by: Tim Scherbring • Epique Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506532
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.