








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,332/mo, and a $866/mo payment. Purchase price stands at $177,000, and rental yield measures 9.03% with $1,332/mo rent. Return on cash invested shows 14.69% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 78.53% and total cumulative return in cash records $46,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,332/mo property income covering a $866/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$438 monthly 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $177,000 |
| 2014-05-07 | Sold | $68,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $2436.00 | -18.47% | $174,000 | 12.19% |
| 2023-05-19 | $2988.00 | 5.51% | $155,100 | 3.06% |
| 2022-05-19 | $2832.00 | -0.98% | $150,500 | 3.29% |



Listed by: Karen Knight • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503512
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.