








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 634 16th Ave SW, Cedar Rapids, IA, 52404 earns $148/mo cash flow from $1,447/mo rent with a $979/mo payment. Total monthly income totals $1,447/mo, and annual cash flow totals $1,776/yr on $66,300 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.68% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 117.59% and total cumulative return in cash sums $77,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,447/mo property income instead of your personal income.
Single Family
Built in 1900
5,600 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 |
|---|---|---|
| 2025-03-07 | Listed for sale | $200,000 |
| 2024-10-31 | Sold | $60,000 |
| 2024-09-26 | Pending sale | $78,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-12 | $1890.00 | 15.24% | $124,100 | 25.99% |
| 2022-03-12 | $1640.00 | -1.68% | $98,500 | 11.80% |
| 2021-03-12 | $1668.00 | 2.96% | $88,100 | 4.63% |



Listed by: Chris Puckett • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501471
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.