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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 302 Red Fox Rd SE, Cedar Rapids, IA, 52403 listed at $299,900 pairs $2,824/mo rent with a $1,468/mo payment to leave $876/mo cash flow. Total monthly income runs $2,824/mo, and annual cash flow reaches $10,514/yr on $99,417 cash to close. Return on cash invested measures 30.48% in year one, and rental yield registers 11.3% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 160% and total cumulative return in cash totals $159,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,824/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Price change | $299,900 |
| 2025-05-09 | Listed for sale | $314,900 |
| 2021-08-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $4024.00 | -7.02% | $248,800 | 4.58% |
| 2023-05-13 | $4328.00 | 15.17% | $237,900 | 11.12% |
| 2022-05-13 | $3758.00 | -6.70% | $214,100 | 12.45% |
Listed by: Marian Flink • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503245
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.
