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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 3603 Badger Dr SW, Cedar Rapids, IA, 52404 listed at $275,000 pairs $2,387/mo rent with a $1,346/mo payment to leave $588/mo cash flow. Total monthly income runs $2,387/mo, and annual cash flow reaches $7,052/yr on $91,163 cash to close. Return on cash invested measures 27.65% in year one, and rental yield registers 10.42% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 144.81% and total cumulative return in cash totals $132,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,387/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
9,408 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-08-13 | Sold | $275,000 |
| 2025-07-02 | Pending sale | $280,000 |
| 2025-06-16 | Price change | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $4339.04 | -8.07% | $251,300 | N/A |
| 2023-10-26 | $4720.00 | 24.01% | $251,300 | 7.99% |
| 2022-10-26 | $3806.00 | -8.07% | $232,700 | 20.76% |
Listed by: Adam Green • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503469
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.
