Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2540 Lori Dr SW, Cedar Rapids, IA, 52404 listed at $250,000 pairs $1,984/mo rent with a $1,224/mo payment to leave $360/mo cash flow. Total monthly income runs $1,984/mo, and annual cash flow reaches $4,320/yr on $82,875 cash to close. Return on cash invested measures 25.12% in year one, and rental yield registers 9.52% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 131.18% and total cumulative return in cash totals $108,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,984/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
8,296 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 |
|---|---|---|
| 2025-06-20 | Price change | $250,000 |
| 2025-06-14 | Pending sale | N/A |
| 2017-11-24 | Sold | $151,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | $3396.00 | -3.52% | $214,200 | 5.83% |
| 2023-06-24 | $3520.00 | 7.65% | $202,400 | 15.13% |
| 2022-06-24 | $3270.00 | -3.20% | $175,800 | 5.40% |
Listed by: Renae Forsyth-Christy • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504601
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.
