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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 4821 Midway Dr NW, Cedar Rapids, IA, 52405 uses $59,670 cash to close to unlock $9,360/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $1,949/mo, and a $881/mo payment keeps the spread at $780/mo. Purchase price stands at $180,000, and rental yield measures 12.99% with $1,949/mo rent. Return on cash invested shows 35.6% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 187.36% and total cumulative return in cash records $111,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Federspiel • Wapsie Realty, LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2507140
