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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 709 27th St NW, Cedar Rapids, IA, 52405 offers a 7.36% rental yield on a $249,950 purchase with $1,534/mo rent. 57% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,057 over five years. Portfolio math shows five-year ROI at 96.1% and total cumulative return in cash at $79,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,450 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 |
|---|---|---|
| 2024-11-11 | Listed for sale | $249,950 |
| 2015-08-25 | Sold | $152,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $3844.00 | 9.20% | $200,100 | 4.71% |
| 2022-11-20 | $3520.00 | 1.50% | $191,100 | 6.82% |
| 2021-11-20 | $3468.00 | 7.70% | $178,900 | 7.90% |
Listed by: Steven Seltrecht • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407815
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.
