








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 45 Pompas Dr SW, Cedar Rapids, IA, 52404 priced at $304,990 pairs $2,262/mo rent with $281/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,262/mo, and annual cash flow comes to $3,372/yr on $101,104 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 8.9% on a $304,990 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,263 by year five. Five-year ROI measures 121.18% and total cumulative return in cash reaches $122,515. For financing, Ziffy Mortgage’s DSCR program evaluates $2,262/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,840 sqft 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 |
|---|---|---|
| 2025-01-14 | Price change | $304,990 |
| 2024-12-09 | Price change | $299,990 |
| 2024-11-14 | Price change | $308,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kathryn Greer • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2402942
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.