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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 906 29th St NW, Cedar Rapids, IA, 52405 offers a 7.99% rental yield on a $279,950 purchase with $1,864/mo rent. Total monthly income registers $1,864/mo, and a $1,370/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $553/yr on $92,803 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,345 over five years. Portfolio math shows five-year ROI at 106.49% and total cumulative return in cash at $98,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Scott Rosekrans-Rosekrans Stines Team • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls ID: #2506071
