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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 271 Lynda Dr NW, Cedar Rapids, IA, 52405 at $215,000 posts ROI 19.13% with from $1,350/mo rent. Total monthly income equals $1,350/mo. Return on cash invested measures 19.13% and rental yield reads 7.53% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 99.07% and total cumulative return in cash totals $70,609. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
6,969 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kent Winburn • EXIT Eastern Iowa Real Estate
Mls Name: NoCoast MLS
Mls ID: #6330653
