Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 802 22nd Ave SW, Cedar Rapids, IA, 52404 earns $138/mo cash flow from $1,242/mo rent with a $832/mo payment. Total monthly income totals $1,242/mo, and annual cash flow totals $1,658/yr on $56,322 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.77% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 119.08% and total cumulative return in cash sums $67,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,242/mo property income instead of your personal income.
Single Family
Built in 1916
6,141 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $169,900 |
| 2017-05-16 | Sold | $70,100 |
| 2017-03-21 | Price change | $69,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $1550.00 | -12.03% | $97,800 | -0.20% |
| 2023-04-27 | $1762.00 | 15.62% | $98,000 | 6.06% |
| 2022-04-27 | $1524.00 | -5.69% | $92,400 | 12.00% |
Listed by: Rhyse Pelley • Twenty40 Real Estate + Development
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502907
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.
