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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 937 16th Ave SW, Cedar Rapids, IA, 52404 offers a 11.93% rental yield on a $165,000 purchase with $1,640/mo rent. Total monthly income registers $1,640/mo, and a $808/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,816/yr on $54,698 to close, and return on cash invested stands at 32.37% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 170.05% and total cumulative return in cash at $93,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
5,227 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 |
|---|---|---|
| 2025-04-08 | Listed for sale | $165,000 |
| 2025-04-04 | Listing removed | $1,425 |
| 2025-02-07 | Price change | $1,425 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $1962.00 | 9.85% | $114,100 | 22.69% |
| 2022-04-09 | $1786.00 | 1.48% | $93,000 | 7.89% |
| 2021-04-09 | $1760.00 | 2.68% | $86,200 | 8.02% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
