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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 2504 Linwood St SW, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $159,900 basis while $1,663/mo rent supports operations. Total monthly income totals $1,663/mo and a $783/mo payment preserves $607/mo for cash returns. Annual cash flow comes to $7,279/yr on $53,007 deployed, and return on cash invested reaches 33.64% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 12.48%. Five-year ROI measures 177.05% and total cumulative return in cash totals $93,846.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,663/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
8,712 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 |
|---|---|---|
| 2024-10-15 | Listed for sale | $159,900 |
| 2023-08-07 | Sold | $148,000 |
| 2023-07-01 | Pending sale | $147,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2642.00 | 16.59% | $139,000 | 3.65% |
| 2022-10-16 | $2266.00 | -3.08% | $134,100 | 13.36% |
| 2021-10-16 | $2338.00 | 15.97% | $118,300 | 3.23% |
Listed by: Jen Jacobs • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407178
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.
