








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 317 Jacolyn Dr NW, Cedar Rapids, IA, 52405 with 5% annual appreciation on a $198,000 basis while $1,843/mo rent supports operations. Total monthly income totals $1,843/mo and a $969/mo payment preserves $557/mo for cash returns. Annual cash flow comes to $6,686/yr on $65,637 deployed, and return on cash invested reaches 30.1% in year one. Equity gained on principal adds $1,278/yr, and five-year appreciation sums $54,704 alongside rental yield of 11.17%. Five-year ROI measures 157.93% and total cumulative return in cash totals $103,660.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,843/mo property income versus a $969/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
6,316 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $198,000 |
| 2019-04-15 | Sold | $141,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $2748.00 | 3.78% | $155,000 | 11.35% |
| 2022-04-01 | $2648.00 | 0.15% | $139,200 | 1.75% |
| 2021-04-01 | $2644.00 | 2.88% | $136,800 | 6.54% |



Listed by: Karrie Schultz • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502125
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.