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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 6008 Eastview Ave SW, Cedar Rapids, IA, 52404 uses $82,875 cash to close to unlock $1,992/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $1,224/mo payment keeps the spread at $166/mo. Purchase price stands at $250,000, and rental yield measures 8.59% with $1,790/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 116.12% and total cumulative return in cash records $96,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1971
6,098 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: Jaime Whitehead • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls ID: #2509716
