








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 3060 Wilson Ave SW, Cedar Rapids, IA, 52404 earns $225/mo cash flow from $1,180/mo rent with a $607/mo payment. Total monthly income totals $1,180/mo, and annual cash flow totals $2,695/yr on $41,106 capital. ROI tracks 26.47% on current figures, and rental yield reads 11.42% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 140.02% and total cumulative return in cash sums $57,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,180/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-06-28 | Price change | $124,000 |
| 2025-06-24 | Listed for sale | $126,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brandon Moore • Burrington Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504694
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.