








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,793/mo, and a $1,415/mo payment. Purchase price stands at $289,000, and rental yield measures 7.44% with $1,793/mo rent. Return on cash invested shows 18.85% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 97.6% and total cumulative return in cash records $93,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lana Baldus • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508457