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 829 20th Ave SW, Cedar Rapids, IA, 52404 uses $66,300 cash to close to unlock $5,624/yr annual cash flow and $469/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $979/mo payment keeps the spread at $469/mo. Purchase price stands at $200,000, and rental yield measures 10.64% with $1,774/mo rent. Return on cash invested shows 28.39% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 148.79% and total cumulative return in cash records $98,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1993
6,098 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 |
|---|---|---|
| 2024-09-14 | Price change | $200,000 |
| 2024-08-22 | Listed for sale | $215,000 |
| 2018-09-27 | Sold | $154,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3116.00 | 13.47% | $170,600 | 8.94% |
| 2022-10-16 | $2746.00 | 0.07% | $156,600 | 10.67% |
| 2021-10-16 | $2744.00 | 2.85% | $141,500 | 6.39% |
Listed by: Marie Hancock • Fathom Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405854
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.
