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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% |
Rental property for sale in Cedar Rapids at 3105 29th Ave SW, Cedar Rapids, IA, 52404 generates $1,699/mo in rent and, after a $857/mo payment, leaves $481/mo in cash flow. Total monthly income is $1,699/mo, and annual cash flow is $5,769/yr on $58,013 invested. Return on cash invested sits at 29.85% in year one, and rental yield is 11.65% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 157.2% and total cumulative return in cash sums $91,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,699/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,011 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $175,000 |
| 2017-09-29 | Sold | $94,900 |
| 2017-08-26 | Listed for sale | $94,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-07 | $3635.00 | 48.13% | $132,600 | 10.50% |
| 2022-04-07 | $2454.00 | -13.61% | $120,000 | 6.29% |
| 2021-04-07 | $2840.63 | 20.78% | $112,900 | 6.41% |
Listed by: Maggie Druger • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502334
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.
