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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 2201 9th Ave SW, Cedar Rapids, IA, 52404 uses $53,123 cash to close to unlock $5,011/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $784/mo payment keeps the spread at $418/mo. Purchase price stands at $160,250, and rental yield measures 10.92% with $1,458/mo rent. Return on cash invested shows 29.34% in year one, and 5% annual appreciation builds toward $44,274 over five years. Five-year ROI reaches 153.87% and total cumulative return in cash records $81,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $784/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,623 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 |
|---|---|---|
| 2025-05-09 | Sold | $160,250 |
| 2025-05-03 | Pending sale | $150,000 |
| 2025-05-01 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $1996.00 | -2.25% | $125,300 | 1.70% |
| 2023-10-08 | $2042.00 | 6.47% | $123,200 | 27.27% |
| 2022-10-08 | $1918.00 | -2.24% | $96,800 | 4.54% |
Listed by: Joelle Henley • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503122
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.
