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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 3902 Julie Ln, Cedar Rapids, IA, 52404 priced at $379,900 converts $2,191/mo rent into after a $1,859/mo obligation. Total monthly income equals $2,191/mo. Return on cash invested prints 17.28% in year one, and rental yield reads 6.92% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 89.17% and total cumulative return in cash sums $112,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,191/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1.49 Acres 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 |
|---|---|---|
| 2025-06-16 | Sold | $379,900 |
| 2025-05-17 | Pending sale | $379,900 |
| 2025-05-13 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3426.00 | 8.62% | $266,900 | N/A |
| 2023-10-24 | $3154.00 | 1.41% | $266,900 | 20.82% |
| 2022-10-24 | $3110.00 | 9.66% | $220,900 | -0.27% |
Listed by: Mirela Taylor • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503443
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.
