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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 3740 37th Ave SW UNIT B, Cedar Rapids, IA, 52404 earns $88/mo cash flow from $1,328/mo rent with a $802/mo payment. Total monthly income totals $1,328/mo, and annual cash flow totals $1,058/yr on $54,349 capital. ROI tracks 21.86% on current figures, and rental yield reads 9.72% at a $163,950 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,296 over five years. Five-year ROI reaches 115.15% and total cumulative return in cash sums $62,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,328/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$155 monthly 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 |
|---|---|---|
| 2024-10-12 | Listed for sale | $163,950 |
| 2005-02-28 | Sold | $93,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2738.00 | 5.55% | $146,700 | 18.69% |
| 2022-10-16 | $2594.00 | -3.14% | $123,600 | 3.52% |
| 2021-10-16 | $2678.00 | 8.60% | $119,400 | 1.53% |
Listed by: Teri Graf • Teri Graf Real Estate Team
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407126
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.
