








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 3030 Samuel Ct SW UNIT D, Cedar Rapids, IA, 52404 generates $1,387/mo in rent and, after a $734/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,387/mo, and annual cash flow is $2,796/yr on $49,725 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 11.1% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.99% and total cumulative return in cash sums $67,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,387/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$180 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $150,000 |
| 2009-01-30 | Sold | $103,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2212.00 | -13.53% | $146,900 | 8.17% |
| 2023-04-18 | $2558.00 | 6.05% | $135,800 | 6.34% |
| 2022-04-18 | $2412.00 | 5.60% | $127,700 | 3.48% |



Listed by: Troy Munger • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502636
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.