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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 2220 D St SW, Cedar Rapids, IA, 52404 generates $1,813/mo in rent and, after a $685/mo payment, leaves $826/mo in cash flow. Total monthly income is $1,813/mo, and annual cash flow is $9,914/yr on $46,410 invested. Return on cash invested sits at 41.27% in year one, and rental yield is 15.54% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 218.59% and total cumulative return in cash sums $101,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,813/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
5,619 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 |
|---|---|---|
| 2025-08-11 | Sold | $140,000 |
| 2025-07-15 | Pending sale | $159,900 |
| 2025-07-02 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $3062.00 | -7.60% | $178,000 | 2.89% |
| 2023-10-09 | $3314.00 | 7.18% | $173,000 | 10.12% |
| 2022-10-09 | $3092.00 | -2.89% | $157,100 | 5.22% |
Listed by: Tabby Barnes • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503974
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.
