








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 5100 Johnson Ave SW, Cedar Rapids, IA, 52404 priced at $310,000 converts $2,694/mo rent into $681/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,694/mo, and annual cash flow totals $8,172/yr on $102,765 invested. Return on cash invested prints 27.86% in year one, and rental yield reads 10.43% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 145.87% and total cumulative return in cash sums $149,899. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,694/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.33 Acres 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 |
|---|---|---|
| 2025-05-10 | Listed for sale | $310,000 |
| 2025-05-05 | Listing removed | $315,000 |
| 2025-02-21 | Price change | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $4678.00 | -8.06% | $292,100 | 6.30% |
| 2023-05-14 | $5088.00 | 13.27% | $274,800 | 9.88% |
| 2022-05-14 | $4492.00 | -0.27% | $250,100 | 10.76% |



Listed by: Michelle David • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503371
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.