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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% |
Investment property for sale in Cedar Rapids at 4809 McGowan Dr, Cedar Rapids, IA, 52403 listed at $299,900 pairs $1,592/mo rent with a $1,468/mo payment. Total monthly income runs $1,592/mo. Return on cash invested measures 15.61% in year one, and rental yield registers 6.37% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 80.25% and total cumulative return in cash totals $79,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,592/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
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: Austin Wyrick • Burrington Real Estate
Mls Name: CRAAR, CDRMLS
Mls ID: #2508813
