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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4555 Westchester Dr NE UNIT A, Cedar Rapids, IA, 52402 generates $1,201/mo in rent, after a $947/mo payment. Total monthly income is $1,201/mo. Return on cash invested sits at 13.99% in year one, and rental yield is 7.45% on a $193,500 entry. Equity gained on principal adds $1,249/yr, while 5% annual appreciation builds toward $53,460 over five years. Five-year ROI reaches 73.31% and total cumulative return in cash sums $47,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,201/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$261 monthly 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 |
|---|---|---|
| 2025-07-08 | Sold | $193,500 |
| 2025-06-14 | Pending sale | $193,500 |
| 2025-06-13 | Listing removed | $193,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Judith Sloane • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503062
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.
