








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 5315 E Ave Nw, Cedar Rapids, IA, 52405 earns $660/mo cash flow from $1,926/mo rent with a $954/mo payment. Total monthly income totals $1,926/mo, and annual cash flow totals $7,920/yr on $64,643 capital. ROI tracks 32.16% on current figures, and rental yield reads 11.85% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 168.91% and total cumulative return in cash sums $109,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,926/mo property income instead of your personal income.
Single Family
Built in 1965
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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $195,000 |
| 2021-06-08 | Sold | $176,100 |
| 2021-05-08 | Listed for sale | $159,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $2859.00 | -1.69% | $163,300 | 6.18% |
| 2023-06-28 | $2908.00 | 15.95% | $153,800 | 11.53% |
| 2022-06-28 | $2508.00 | 11.57% | $137,900 | 13.87% |



Listed by: Laurie Whiting • Realty87
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504701
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.