








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 446 Bezdek Dr NW, Cedar Rapids, IA, 52405 offers a 11.21% rental yield on a $250,000 purchase with $2,335/mo rent. Total monthly income registers $2,335/mo, and a $1,224/mo payment leaves $711/mo available for distribution. Annual cash flow reaches $8,532/yr on $82,875 to close, and return on cash invested stands at 30.2% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 158.43% and total cumulative return in cash at $131,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,335/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $250,000 |
| 2016-07-08 | Sold | $166,000 |
| 2013-02-01 | Sold | $151,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-22 | $3590.79 | -4.85% | $212,000 | 9.56% |
| 2023-06-22 | $3774.00 | 1.23% | $193,500 | 8.16% |
| 2022-06-22 | $3728.00 | -2.71% | $178,900 | -0.61% |



Listed by: Amanda Scherbring • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504519
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.