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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 2163 Sugar Creek Dr NW, Cedar Rapids, IA, 52405 at $265,000 posts ROI 20.56% with $48/mo cash flow from $1,769/mo rent. Total monthly income equals $1,769/mo, and annual cash flow records $576/yr on $87,848 to close. Return on cash invested measures 20.56% and rental yield reads 8.01% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 106.74% and total cumulative return in cash totals $93,771.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2011
0.34 Acres 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $265,000 |
| 2024-03-22 | Sold | $255,000 |
| 2024-02-22 | Pending sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $3876.00 | 6.66% | $229,500 | N/A |
| 2023-04-29 | $3634.00 | 1.85% | $229,500 | 26.66% |
| 2022-04-29 | $3568.00 | -3.72% | $181,200 | N/A |
Listed by: Debra Callahan • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502787
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.
