








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 5911 Crestridge Ave SW, Cedar Rapids, IA, 52404 generates $1,667/mo in rent and, after a $974/mo payment, leaves $375/mo in cash flow. Total monthly income is $1,667/mo, and annual cash flow is $4,495/yr on $65,969 invested. Return on cash invested sits at 26.72% in year one, and rental yield is 10.05% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.8% and total cumulative return in cash sums $92,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,667/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
7,274 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tim Nash • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2507531