








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 5801 E Ave Nw, Cedar Rapids, IA, 52405 with 5% annual appreciation on a $274,900 basis while $1,805/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 7.88%. Five-year ROI measures 102.86% and total cumulative return in cash totals $93,735. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,805/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.68 Acres 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 |
|---|---|---|
| 2025-03-30 | Listed for sale | $274,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $4506.00 | 10.01% | $255,900 | 15.01% |
| 2022-04-02 | $4096.00 | 0.34% | $222,500 | 7.64% |
| 2021-04-02 | $4082.00 | 2.82% | $206,700 | 6.77% |



Listed by: Melissa Langhurst-Gucfa • COLDWELL BANKER HEDGES CORRIDOR
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502153
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.