








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 2950 Samuel Ct SW UNIT B, Cedar Rapids, IA, 52404 earns $301/mo cash flow from $1,630/mo rent with a $832/mo payment. Total monthly income totals $1,630/mo, and annual cash flow totals $3,614/yr on $56,322 capital. ROI tracks 26.33% on current figures, and rental yield reads 11.51% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 139.45% and total cumulative return in cash sums $78,542. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,630/mo property income instead of your personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
$225 monthly 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 |
|---|---|---|
| 2025-10-10 | Sold | $169,900 |
| 2025-08-20 | Pending sale | $169,900 |
| 2025-08-19 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2410.00 | -9.74% | $149,200 | 8.43% |
| 2023-10-19 | $2670.00 | 5.78% | $137,600 | 6.34% |
| 2022-10-19 | $2524.00 | 4.47% | $129,400 | 3.44% |



Listed by: Jill Monnahan • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507075
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.