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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 85 Oklahoma Ave SW, Cedar Rapids, IA, 52404 listed at $182,500 pairs $1,579/mo rent with a $893/mo payment to leave $394/mo cash flow. Total monthly income runs $1,579/mo, and annual cash flow reaches $4,728/yr on $60,499 cash to close. Return on cash invested measures 27.72% in year one, and rental yield registers 10.38% at a $182,500 basis. Equity gained on principal adds $1,178/yr, and annual property appreciation at 5% supports $50,421 by year five. Five-year ROI tracks 145.13% and total cumulative return in cash totals $87,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,579/mo property income relative to a $893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.25 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 |
|---|---|---|
| 2025-07-04 | Listed for sale | $182,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $2768.00 | 15.24% | $146,100 | N/A |
| 2023-07-09 | $2402.00 | 3.71% | $146,100 | 24.55% |
| 2022-07-09 | $2316.00 | 2.21% | $117,300 | 1.56% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
