








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 819 15th Ave SW, Cedar Rapids, IA, 52404 earns $675/mo cash flow from $1,717/mo rent with a $781/mo payment. Total monthly income totals $1,717/mo, and annual cash flow totals $8,097/yr on $52,907 capital. ROI tracks 35.21% on current figures, and rental yield reads 12.91% at a $159,600 purchase. Equity gained on principal adds $1,030/yr, and 5% annual appreciation supports $44,095 over five years. Five-year ROI reaches 185.37% and total cumulative return in cash sums $98,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,717/mo property income instead of your personal income.
Single Family
Built in 1946
7,013 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 |
|---|---|---|
| 2024-10-10 | Price change | $1,400 |
| 2024-09-24 | Listed for sale | $159,600 |
| 2024-09-22 | Price change | $1,425 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2496.00 | 10.05% | $142,000 | 20.03% |
| 2022-10-16 | $2268.00 | 0.89% | $118,300 | 8.04% |
| 2021-10-16 | $2248.00 | 2.65% | $109,500 | 7.46% |



Listed by: Lucas Burrington • Burrington Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406687
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.