Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 5216 Pine Grove Dr NE, Cedar Rapids, IA, 52402 priced at $210,000 pairs $1,937/mo rent with $525/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,937/mo, and annual cash flow comes to $6,305/yr on $69,615 invested. Return on cash invested is 28.97% in year one, and rental yield stands at 11.07% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 152.16% and total cumulative return in cash reaches $105,928. For financing, Ziffy Mortgage’s DSCR program evaluates $1,937/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $210,000 |
| 2025-01-10 | Price change | $212,500 |
| 2024-12-02 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $3764.00 | 10.45% | $209,300 | 17.25% |
| 2022-01-27 | $3408.00 | -5.07% | $178,500 | 2.88% |
| 2021-01-27 | $3590.00 | 3.76% | $173,500 | 1.28% |
Listed by: Michelle David • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407081
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.
