








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 620 Colton Cir NE UNIT 11, Cedar Rapids, IA, 52402 earns $177/mo cash flow from $956/mo rent with a $587/mo payment. Total monthly income totals $956/mo, and annual cash flow totals $2,126/yr on $39,747 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.57% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 132.02% and total cumulative return in cash sums $52,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $956/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
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: Jesse Grade • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls ID: #202504127