



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 3112 Sequoia Dr SW, Cedar Rapids, IA, 52404 listed at $310,400 pairs $1,180/mo rent with a $1,519/mo payment. Total monthly income runs $1,180/mo. Return on cash invested measures 10.16% in year one, and rental yield registers 4.56% at a $310,400 basis. Equity gained on principal adds $2,003/yr, and annual property appreciation at 5% supports $85,758 by year five. Five-year ROI tracks 51% and total cumulative return in cash totals $52,477. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,180/mo property income relative to a $1,519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A 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: Kiah Wood • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2507898