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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 212 12th St NW, Cedar Rapids, IA, 52405 generates $1,145/mo in rent and, after a $634/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,145/mo, and annual cash flow is $3,646/yr on $42,929 invested. Return on cash invested sits at 28.4% in year one, and rental yield is 10.61% on a $129,500 entry. Equity gained on principal adds $836/yr, while 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 148.8% and total cumulative return in cash sums $63,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,145/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
N/A 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 |
|---|---|---|
| 2024-10-28 | Listed for sale | $129,500 |
| 2017-07-06 | Listing removed | $89,950 |
| 2017-06-30 | Sold | $89,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1940.00 | 10.48% | $91,200 | -0.87% |
| 2022-11-20 | $1756.00 | 3.05% | $92,000 | 8.49% |
| 2021-11-20 | $1704.00 | 1.79% | $84,800 | 9.84% |
Listed by: Paul Canas • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407481
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.
