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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 715 9th Ave SW, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $165,000 basis while $1,572/mo rent supports operations. Total monthly income totals $1,572/mo and a $808/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $6,000/yr on $54,698 deployed, and return on cash invested reaches 30.88% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 11.43%. Five-year ROI measures 162.06% and total cumulative return in cash totals $88,643.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,572/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
2,395 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bob Kalous • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508958
