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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 4701 Midway Dr NW, Cedar Rapids, IA, 52405 generates $1,643/mo in rent and, after a $829/mo payment, leaves $543/mo in cash flow. Total monthly income is $1,643/mo, and annual cash flow is $6,517/yr on $56,123 invested. Return on cash invested sits at 31.52% in year one, and rental yield is 11.65% on a $169,300 entry. Equity gained on principal adds $1,092/yr, while 5% annual appreciation builds toward $46,774 over five years. Five-year ROI reaches 165.61% and total cumulative return in cash sums $92,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,643/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,185 sqft 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 |
|---|---|---|
| 2025-09-05 | Sold | $169,300 |
| 2025-08-06 | Pending sale | $169,000 |
| 2025-07-18 | Listed for sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2532.00 | -8.72% | $167,900 | 9.31% |
| 2023-10-21 | $2774.00 | 4.52% | $153,600 | 9.40% |
| 2022-10-21 | $2654.00 | 0.91% | $140,400 | 2.41% |
Listed by: Victoria Torres • KW Advantage
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506288
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.
