








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 7902 Wieneke Cir, Cedar Rapids, IA, 52404 uses $47,073 cash to close to unlock $1,951/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,128/mo, and a $695/mo payment keeps the spread at $163/mo. Purchase price stands at $142,000, and rental yield measures 9.53% with $1,128/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash records $59,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,128/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.02 Acres 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 |
|---|---|---|
| 2015-01-16 | Sold | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-12 | $2677.00 | -0.11% | $204,900 | N/A |
| 2023-08-12 | $2680.00 | -3.32% | $204,900 | 16.69% |
| 2022-08-12 | $2772.00 | 6.13% | $175,600 | N/A |



Listed by: Jaime Burczek-PSN Homes • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506830
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.