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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 2701 Lancelot Ln NW, Cedar Rapids, IA, 52405 earns $92/mo cash flow from $2,105/mo rent with a $1,517/mo payment. Total monthly income totals $2,105/mo, and annual cash flow totals $1,104/yr on $102,765 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.15% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 109% and total cumulative return in cash sums $112,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,105/mo property income instead of your personal income.
Single Family
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-10-23 | Sold | $310,000 |
| 2025-09-22 | Pending sale | $275,000 |
| 2025-09-20 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3802.00 | -8.08% | $253,300 | 9.04% |
| 2023-10-24 | $4136.00 | 1.82% | $232,300 | 13.32% |
| 2022-10-24 | $4062.00 | -4.20% | $205,000 | N/A |
Listed by: Mindy Martin • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507866
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.
