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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% |
Rental property for sale in Cedar Rapids at 3717 C Ave NE, Cedar Rapids, IA, 52402 priced at $179,900 converts $1,639/mo rent into $470/mo cash flow after a $881/mo obligation. Total monthly income equals $1,639/mo, and annual cash flow totals $5,642/yr on $59,637 invested. Return on cash invested prints 29.37% in year one, and rental yield reads 10.93% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 154.05% and total cumulative return in cash sums $91,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,639/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1941
6,795 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 |
|---|---|---|
| 2025-01-22 | Price change | $179,900 |
| 2024-12-05 | Price change | $185,000 |
| 2024-11-01 | Listed for sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2518.00 | 9.57% | $143,900 | 20.52% |
| 2022-01-27 | $2298.00 | -3.28% | $119,400 | 7.66% |
| 2021-01-27 | $2376.00 | 7.41% | $110,900 | 2.97% |
Listed by: Rachael Ray • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2408216
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.
