








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,060/mo, and a $684/mo payment. Purchase price stands at $139,777, and rental yield measures 9.1% with $1,060/mo rent. Return on cash invested shows -29.7% in year one, and 5% annual appreciation builds toward $38,618 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $684/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$2,068 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 |
|---|---|---|
| 2025-03-21 | Price change | $139,777 |
| 2024-12-10 | Listed for sale | $159,900 |
| 2020-02-11 | Sold | $145,063 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: John Beltramea • EXIT Eastern Iowa Real Estate Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202501893
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.