








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 4021 37th Ave SW UNIT D, Cedar Rapids, IA, 52404 earns $367/mo cash flow from $1,915/mo rent with a $954/mo payment. Total monthly income totals $1,915/mo, and annual cash flow totals $4,405/yr on $64,643 capital. ROI tracks 26.72% on current figures, and rental yield reads 11.78% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 141.75% and total cumulative return in cash sums $91,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,915/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$195 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 |
|---|---|---|
| 2025-03-18 | Listed for sale | $195,000 |
| 2014-09-20 | Sold | $149,100 |
| 2007-08-09 | Sold | $144,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $4008.00 | 10.17% | $215,500 | 19.13% |
| 2022-03-20 | $3638.00 | -2.68% | $180,900 | 8.06% |
| 2021-03-20 | $3738.00 | 8.92% | $167,400 | 1.95% |



Listed by: Patrick Donohoe • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501829
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.