








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 3009 Carriage Dr SW, Cedar Rapids, IA, 52404 earns $227/mo cash flow from $1,915/mo rent with a $1,272/mo payment. Total monthly income totals $1,915/mo, and annual cash flow totals $2,726/yr on $86,157 capital. ROI tracks 23.07% on current figures, and rental yield reads 8.84% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 120.25% and total cumulative return in cash sums $103,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,915/mo property income instead of your personal income.
Single Family
Built in 1970
7,405 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Dana Hansen • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls ID: #202506456