








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 3411 Badger Dr SW UNIT B, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $223,500 basis while $1,579/mo rent supports operations. 4% in year one. Equity gained on principal adds $1,442/yr, and five-year appreciation sums $61,749 alongside rental yield of 8.48%. Five-year ROI measures 101.46% and total cumulative return in cash totals $75,174. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,579/mo property income versus a $1,094/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2008
N/A lot
$N/A/sqft
$157 monthly 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 |
|---|---|---|
| 2024-11-12 | Listed for sale | $223,500 |
| 2008-10-15 | Sold | $145,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $3422.00 | 10.17% | $177,500 | 3.74% |
| 2022-01-27 | $3106.00 | -7.61% | $171,100 | 7.68% |
| 2021-01-27 | $3362.00 | 8.66% | $158,900 | -1.30% |



Listed by: Glenn Linville • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407605
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.