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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% |
Investment property for sale in Cedar Rapids at 2139 Rockford Rd SW, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $170,000 basis while $1,280/mo rent supports operations. Total monthly income totals $1,280/mo and a $832/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,112/yr on $56,355 deployed, and return on cash invested reaches 23.66% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.04%. Five-year ROI measures 123.33% and total cumulative return in cash totals $69,501.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,280/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,968 (100%) |
| Owner Occupied HU | 11,682 (55.7%) |
| Renter Occupied HU | 7,536 (35.9%) |
| Vacant Housing Units | 1,750 ( 8.3%) |
| Median Home Value | $201,736 |
| Average Home Value | $240,149 |
Residential
19,505
Single Family
14,648
Multi-Family
4,857
Businesses
1,391
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $170,000 |
| 2024-11-05 | Listed for sale | $165,000 |
| 2023-10-17 | Listing removed | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2204.00 | 6.58% | $121,100 | 15.89% |
| 2022-01-27 | $2068.00 | -1.99% | $104,500 | 4.71% |
| 2021-01-27 | $2110.00 | 5.18% | $99,800 | 4.39% |
Listed by: Matt Clark • Epique Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407837
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.
