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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 5619 Ohio St SW, Cedar Rapids, IA, 52404 at $194,900 posts ROI 23.79% with $209/mo cash flow from $1,475/mo rent. Total monthly income equals $1,475/mo, and annual cash flow records $2,510/yr on $64,609 to close. Return on cash invested measures 23.79% and rental yield reads 9.08% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 124.15% and total cumulative return in cash totals $80,211.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,475/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.34 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $194,900 |
| 2015-08-11 | Sold | $107,900 |
| 2013-02-21 | Sold | $33,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $2820.00 | 0.50% | $155,100 | -2.64% |
| 2023-04-29 | $2806.00 | 3.77% | $159,300 | 17.56% |
| 2022-04-29 | $2704.00 | 4.24% | $135,500 | 1.57% |
Listed by: Dana Hansen • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502792
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
