








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


Rental property for sale in Cedar Rapids at 72 Fleetwood Rd NW, Cedar Rapids, IA, 52405 priced at $215,000 pairs $1,981/mo rent with $585/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,981/mo, and annual cash flow comes to $7,020/yr on $71,273 invested. Return on cash invested is 29.76% in year one, and rental yield stands at 11.06% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 156.03% and total cumulative return in cash reaches $111,205. For financing, Ziffy Mortgage’s DSCR program evaluates $1,981/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
7,406 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 |
|---|---|---|
| 2025-06-23 | Listed for sale | $215,000 |
| 2025-06-22 | Listing removed | N/A |
| 2025-05-30 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $2874.00 | -4.58% | $172,200 | 6.03% |
| 2023-06-26 | $3012.00 | 7.19% | $162,400 | 13.73% |
| 2022-06-26 | $2810.00 | 0.36% | $142,800 | 5.31% |



Listed by: Jodi Covington • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504646
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.