








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 3407 H Ave NW, Cedar Rapids, IA, 52405 uses $71,273 cash to close to unlock $8,304/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $2,088/mo, and a $1,052/mo payment keeps the spread at $692/mo. Purchase price stands at $215,000, and rental yield measures 11.65% with $2,088/mo rent. Return on cash invested shows 31.56% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 165.71% and total cumulative return in cash records $118,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,088/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,838 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jen Steffen • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2509784