Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 616 10th St NW, Cedar Rapids, IA, 52405 generates $1,522/mo in rent and, after a $881/mo payment, leaves $353/mo in cash flow. Total monthly income is $1,522/mo, and annual cash flow is $4,238/yr on $59,637 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 10.15% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 141.41% and total cumulative return in cash sums $84,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1914
6,011 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 |
|---|---|---|
| 2024-10-04 | Listed for sale | $179,900 |
| 2019-07-29 | Sold | $100,000 |
| 2011-09-16 | Listing removed | $96,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2500.00 | 11.21% | $130,100 | 9.79% |
| 2022-10-16 | $2248.00 | -0.62% | $118,500 | 9.22% |
| 2021-10-16 | $2262.00 | 11.54% | $108,500 | 5.85% |
Listed by: Shayla Martin • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406963
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.
