








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,701/mo, and a $2,534/mo payment. Purchase price stands at $517,650, and rental yield measures 6.26% with $2,701/mo rent. Return on cash invested shows 15.4% in year one, and 5% annual appreciation builds toward $143,017 over five years. Five-year ROI reaches 79.04% and total cumulative return in cash records $134,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,701/mo property income covering a $2,534/mo payment rather than investor’s personal income.
Single Family
Built in 1893
2.40 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 |
|---|---|---|
| 2025-08-21 | Price change | $517,650 |
| 2025-07-06 | Listed for sale | $539,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $5672.00 | 12.27% | $459,400 | N/A |
| 2023-10-11 | $5052.00 | 2.06% | $459,400 | 33.86% |
| 2022-10-11 | $4950.00 | 2.32% | $343,200 | 0.44% |



Listed by: Deanna Howard • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2505930
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.