Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3486 Raven Ln NE, Cedar Rapids, IA, 52402 listed at $310,000 pairs $2,340/mo rent with a $1,517/mo payment to leave $298/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $3,577/yr on $102,765 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 9.06% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 122.07% and total cumulative return in cash totals $125,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $310,000 |
| 2024-09-25 | Price change | $313,500 |
| 2024-09-11 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5060.00 | 15.68% | $275,500 | 10.73% |
| 2022-10-15 | $4374.00 | -2.06% | $248,800 | 13.04% |
| 2021-10-15 | $4466.00 | 13.87% | $220,100 | 4.31% |
Listed by: Rachael Ray • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406334
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.
