








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 6204 Greenbriar Ln SW UNIT D, Cedar Rapids, IA, 52404 earns $94/mo cash flow from $1,231/mo rent with a $710/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $1,128/yr on $48,068 capital. ROI tracks 22.26% on current figures, and rental yield reads 10.19% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash sums $56,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$195 monthly 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 |
|---|---|---|
| 2025-08-06 | Listed for sale | $145,000 |
| 2023-06-05 | Sold | $135,000 |
| 2023-04-20 | Pending sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-10 | $1884.00 | -11.22% | $128,300 | 9.75% |
| 2023-08-10 | $2122.00 | 15.70% | $116,900 | 6.76% |
| 2022-08-10 | $1834.00 | -2.03% | $109,500 | 12.31% |



Listed by: Carla Werning • RUHL & RUHL REALTORS®
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506530
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.