








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 205 Edgewood Rd NW, Cedar Rapids, IA, 52405 priced at $132,500 pairs $1,460/mo rent with $523/mo cash flow after a $649/mo payment. Total monthly income equals $1,460/mo, and annual cash flow comes to $6,276/yr on $43,924 invested. Return on cash invested is 34.2% in year one, and rental yield stands at 13.22% on a $132,500 basis. Equity gained on principal adds $855/yr, and 5% annual appreciation accumulates to $36,607 by year five. Five-year ROI measures 180.74% and total cumulative return in cash reaches $79,388. For financing, Ziffy Mortgage’s DSCR program evaluates $1,460/mo property income against a $649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $132,500 |
| 2024-10-03 | Listed for rent | $1,020 |
| 2024-10-02 | Price change | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2926.00 | 5.59% | $150,000 | 11.28% |
| 2022-10-16 | $2771.00 | -1.60% | $134,800 | 6.06% |
| 2021-10-16 | $2816.00 | 4.65% | $127,100 | 5.04% |



Listed by: Tom Bevard • EPIC PROPERTY MANAGEMENT
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2402849
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.