








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 607 Bartlet Ct NW, Cedar Rapids, IA, 52405 at $250,000 posts ROI 26.77% with $474/mo cash flow from $2,099/mo rent. Total monthly income equals $2,099/mo, and annual cash flow records $5,683/yr on $82,875 to close. Return on cash invested measures 26.77% and rental yield reads 10.08% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 140.04% and total cumulative return in cash totals $116,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,099/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
9,321 sqft 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $250,000 |
| 2022-07-15 | Sold | $222,000 |
| 2022-06-15 | Pending sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $3818.00 | 5.41% | $224,700 | 4.12% |
| 2023-06-01 | $3622.00 | 7.41% | $215,800 | 25.68% |
| 2022-06-01 | $3372.00 | 1.02% | $171,700 | N/A |



Listed by: Cal Ernst • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503859
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.