








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 826 21st Ave SW, Cedar Rapids, IA, 52404 earns $325/mo cash flow from $1,364/mo rent with a $783/mo payment. Total monthly income totals $1,364/mo, and annual cash flow totals $3,900/yr on $53,040 capital. ROI tracks 27.26% on current figures, and rental yield reads 10.23% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 142.65% and total cumulative return in cash sums $75,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,364/mo property income instead of your personal income.
Single Family
Built in 1925
5,662 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 |
|---|---|---|
| 2025-09-18 | Listed for sale | $160,000 |
| 2025-06-04 | Listing removed | N/A |
| 2020-02-21 | Sold | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $1772.00 | -8.85% | $110,600 | N/A |
| 2023-09-23 | $1944.00 | 10.08% | $110,600 | 9.50% |
| 2022-09-23 | $1766.00 | 11.91% | $101,000 | 7.22% |



Listed by: Emily Robison • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507859
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.