








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


Rental property for sale in Cedar Rapids at 3706 Oakland Rd NE, Cedar Rapids, IA, 52402 offers $1,435/mo rent that, after a $807/mo payment, leaves $330/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $3,964/yr on $54,664 cash. Return on cash invested measures 27.16% in year one, and rental yield stands at 10.44% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 142.45% and total cumulative return in cash reaches $77,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
9,147 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 |
|---|---|---|
| 2025-01-16 | Listed for sale | $164,900 |
| 2024-12-28 | Listing removed | $1,450 |
| 2024-12-16 | Price change | $1,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2912.00 | 32.73% | $152,100 | 10.14% |
| 2022-01-27 | $2194.00 | -4.77% | $138,100 | 20.19% |
| 2021-01-27 | $2304.00 | 10.88% | $114,900 | 1.68% |



Listed by: Tyra McAbee • Century 21 Signature Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2500377
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.