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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 2820 12th Ave SW, Cedar Rapids, IA, 52404 listed at $219,000 pairs $1,934/mo rent with a $1,072/mo payment to leave $512/mo cash flow. Total monthly income runs $1,934/mo, and annual cash flow reaches $6,139/yr on $72,599 cash to close. Return on cash invested measures 28.37% in year one, and rental yield registers 10.6% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 148.61% and total cumulative return in cash totals $107,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,934/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.40 Acres 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $219,000 |
| 2025-05-16 | Sold | $172,000 |
| 2020-04-24 | Sold | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $3220.00 | -5.57% | $182,000 | N/A |
| 2023-06-10 | $3410.00 | 23.46% | $182,000 | 12.55% |
| 2022-06-10 | $2762.00 | -1.29% | $161,700 | 21.31% |
Listed by: Adam Green • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504201
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.
