




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 3640 Johnson Ave NW, Cedar Rapids, IA, 52405 earns $247/mo cash flow from $1,350/mo rent with a $831/mo payment. Total monthly income totals $1,350/mo, and annual cash flow totals $2,968/yr on $56,281 capital. ROI tracks 25.18% on current figures, and rental yield reads 9.54% at a $169,777 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,906 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash sums $74,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,350/mo property income instead of your personal income.
Single Family
Built in 1940
0.34 Acres 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 |
|---|---|---|
| 2024-09-27 | Listed for sale | $169,777 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2462.00 | 12.22% | $154,300 | 19.61% |
| 2022-10-16 | $2194.00 | 0.46% | $129,000 | 9.04% |
| 2021-10-16 | $2184.00 | 2.92% | $118,300 | 6.67% |



Listed by: John Beltramea • EXIT Eastern Iowa Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321651
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.