4326 Banar Ave SW, Cedar Rapids, IA, 52404 | $477/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4326 Banar Ave SW, Cedar Rapids, IA, 52404 | $477/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Cedar Rapids at 4326 Banar Ave SW, Cedar Rapids, IA, 52404 earns $477/mo cash flow from $1,951/mo rent with a $1,111/mo payment. Total monthly income totals $1,951/mo, and annual cash flow totals $5,722/yr on $75,251 capital. ROI tracks 27.51% on current figures, and rental yield reads 10.31% at a $227,000 purchase. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 over five years. Five-year ROI reaches 144.02% and total cumulative return in cash sums $108,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,951/mo property income instead of your personal income.

Condo

Built in 2022

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully Designed 2-Bedroom, 2-Bath Ranch-Style Condo This light-filled, ranch-style condo features 2 spacious bedrooms and 2 full bathrooms, offering an open, airy layout perfect for comfortable living and easy entertaining. Large windows throughout flood the home with natural light, creating a warm and inviting atmosphere in every room. The main level features brand-new carpet, adding fresh comfort and style throughout the living areas and bedrooms. The modern kitchen boasts sleek countertops and stainless steel appliances, seamlessly connecting to the open-concept living and dining areas. The primary bedroom is a true retreat, complete with a walk-in closet and direct access to the main level bath for added convenience. Downstairs, you'll find a second full bathroom and a generous unfinished spaceideal for future customization or added storage. With its bright ambiance, easy flow, updated finishes, and thoughtful layout, this condo perfectly blends comfort, functionality, and style. HOA dues are $175/month, and there's a $750 start up fee.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

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