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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% |
Rental property for sale in Cedar Rapids at 2915 Belle St SW, Cedar Rapids, IA, 52404 priced at $413,000 pairs $3,120/mo rent with $438/mo cash flow after a $2,021/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $5,258/yr on $136,910 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 9.07% on a $413,000 basis. Equity gained on principal adds $2,665/yr, and 5% annual appreciation accumulates to $114,104 by year five. Five-year ROI measures 123.85% and total cumulative return in cash reaches $169,565. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,021/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,400 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 |
|---|---|---|
| 2025-04-18 | Listing removed | $379,900 |
| 2025-03-28 | Pending sale | $379,900 |
| 2025-02-15 | Price change | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $3778.00 | 7165.39% | $322,700 | 51.15% |
| 2023-10-20 | $52.00 | N/A | $213,500 | 8440.00% |
| 2022-10-20 | $52.00 | N/A | $2,500 | N/A |
Listed by: N/A • N/A
Mls Name: Garden View Homes
Mls Provider:
Mls ID: #N/A
