Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 4121 Lexington Dr NE APT B, Cedar Rapids, IA, 52402 earns $350/mo cash flow from $1,201/mo rent with a $524/mo payment. Total monthly income totals $1,201/mo, and annual cash flow totals $4,198/yr on $35,471 capital. ROI tracks 31.74% on current figures, and rental yield reads 13.47% at a $107,000 purchase. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 over five years. Five-year ROI reaches 168.66% and total cumulative return in cash sums $59,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,201/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$1,872 annually 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 |
|---|---|---|
| 2025-08-26 | Pending sale | $110,000 |
| 2025-08-08 | Sold | $107,000 |
| 2025-07-21 | Pending sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Boddicker • Urban Acres Real Estate Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504137
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
