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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 2600 C Ave NE, Cedar Rapids, IA, 52402 earns $587/mo cash flow from $1,756/mo rent with a $881/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $7,046/yr on $59,637 capital. ROI tracks 31.72% on current figures, and rental yield reads 11.71% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 166.66% and total cumulative return in cash sums $99,393. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Single Family
Built in 1929
6,020 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: Julie Kraus • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508100
