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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 360 29th St NW, Cedar Rapids, IA, 52405 uses $63,980 cash to close to unlock $2,954/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $945/mo payment keeps the spread at $246/mo. Purchase price stands at $193,000, and rental yield measures 9.33% with $1,500/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 128.06% and total cumulative return in cash records $81,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $945/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,490 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 |
|---|---|---|
| 2025-08-08 | Sold | $193,000 |
| 2025-07-18 | Pending sale | $195,000 |
| 2025-07-14 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $2680.00 | -2.90% | $159,400 | 5.28% |
| 2023-10-17 | $2760.00 | 5.99% | $151,400 | 15.66% |
| 2022-10-17 | $2604.00 | 4.83% | $130,900 | 4.14% |
Listed by: Maddie Jasa • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506115
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.
