








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 4714 Green Acres Dr SW, Cedar Rapids, IA, 52404 uses $82,842 cash to close to unlock $1,022/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,708/mo, and a $1,223/mo payment keeps the spread at $85/mo. Purchase price stands at $249,900, and rental yield measures 8.2% with $1,708/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash records $91,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,708/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kiah Wood • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2507205