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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 2015 F Ave NE, Cedar Rapids, IA, 52402 priced at $149,900 pairs $1,717/mo rent with $725/mo cash flow after a $734/mo payment. Total monthly income equals $1,717/mo, and annual cash flow comes to $8,699/yr on $49,692 invested. Return on cash invested is 37.41% in year one, and rental yield stands at 13.75% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 197.27% and total cumulative return in cash reaches $98,027. For financing, Ziffy Mortgage’s DSCR program evaluates $1,717/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
6,098 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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $149,900 |
| 2011-04-04 | Sold | $58,000 |
| 2000-10-18 | Sold | $61,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2498.00 | 9.66% | $130,200 | 9.97% |
| 2022-11-20 | $2278.00 | 5.17% | $118,400 | 7.64% |
| 2021-11-20 | $2166.00 | 2.65% | $110,000 | 12.02% |
Listed by: Cory Rath • Keller Williams Midwest Partners
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202406390
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
