








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 6612 Boulder Dr NW, Cedar Rapids, IA, 52405 earns $20/mo cash flow from $1,806/mo rent with a $1,346/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $240/yr on $91,163 capital. ROI tracks 20.17% on current figures, and rental yield reads 7.88% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 104.63% and total cumulative return in cash sums $95,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Single Family
Built in 1981
8,668 sqft 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 |
|---|---|---|
| 2025-06-18 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $2868.00 | -9.58% | $182,900 | 1.84% |
| 2023-06-19 | $3172.00 | 9.68% | $179,600 | 12.74% |
| 2022-06-19 | $2892.00 | -5.61% | $159,300 | 7.20% |



Listed by: Adam Green • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504525
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.