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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 3007 Ravenwood Ter NW, Cedar Rapids, IA, 52405 listed at $239,950 pairs $1,672/mo rent with a $1,174/mo payment to leave $92/mo cash flow. Total monthly income runs $1,672/mo, and annual cash flow reaches $1,105/yr on $79,543 cash to close. Return on cash invested measures 21.3% in year one, and rental yield registers 8.36% at a $239,950 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,294 by year five. Five-year ROI tracks 110.88% and total cumulative return in cash totals $88,199. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,672/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
7,492 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $239,950 |
| 2020-04-08 | Sold | $189,900 |
| 2020-02-19 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $3912.00 | -0.31% | $221,100 | N/A |
| 2023-05-23 | $3924.00 | 10.41% | $221,100 | 18.87% |
| 2022-05-23 | $3554.00 | -0.67% | $186,000 | 8.39% |
Listed by: Graf Home Selling Team • GRAF REAL ESTATE, ERA POWERED
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503730
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.
