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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 643 20th Ave SW, Cedar Rapids, IA, 52404 uses $64,941 cash to close to unlock $511/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,315/mo, and a $959/mo payment keeps the spread at $43/mo. Purchase price stands at $195,900, and rental yield measures 8.06% with $1,315/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $54,124 over five years. Five-year ROI reaches 107.5% and total cumulative return in cash records $69,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,315/mo property income covering a $959/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,619 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $195,900 |
| 2018-05-29 | Sold | $124,000 |
| 2017-07-27 | Listing removed | $1,095 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $2410.00 | -8.99% | $136,200 | N/A |
| 2023-05-15 | $2648.00 | 12.87% | $136,200 | 8.53% |
| 2022-05-15 | $2346.00 | N/A | $125,500 | 10.87% |
Listed by: Pattie Fox • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503511
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.
