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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% |
Investment property for sale in Cedar Rapids at 3233 Riviera Ct SW UNIT B, Cedar Rapids, IA, 52404 earns from $1,493/mo rent with a $1,786/mo payment. Total monthly income totals $1,493/mo. ROI tracks 9.23% on current figures, and rental yield reads 4.91% at a $364,990 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,840 over five years. Five-year ROI reaches 46.71% and total cumulative return in cash sums $56,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,493/mo property income instead of your personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$2,400 annually 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $364,990 |
| 2015-07-28 | Sold | $205,315 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Doris Ackerman • Keller Williams Advantage
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502542
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
