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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 2217 B Ave NE, Cedar Rapids, IA, 52402 generates $1,501/mo in rent and, after a $783/mo payment, leaves $462/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $5,544/yr on $53,040 invested. Return on cash invested sits at 30.36% in year one, and rental yield is 11.26% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 159.28% and total cumulative return in cash sums $84,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: James Zachar • Realty87
Mls Name: Iowa City Area AOR
Mls ID: #202504739
