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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 954 20th Ave SW, Cedar Rapids, IA, 52404 listed at $114,900 pairs $1,267/mo rent with a $562/mo payment to leave $496/mo cash flow. Total monthly income runs $1,267/mo, and annual cash flow reaches $5,953/yr on $38,089 cash to close. Return on cash invested measures 35.54% in year one, and rental yield registers 13.23% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 187.46% and total cumulative return in cash totals $71,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,267/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
5,619 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 |
|---|---|---|
| 2024-10-11 | Price change | $114,900 |
| 2024-10-07 | Price change | $117,900 |
| 2024-09-30 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2047.00 | 0.20% | $106,500 | 17.81% |
| 2022-10-16 | $2043.00 | 9.78% | $90,400 | 11.47% |
| 2021-10-16 | $1861.00 | 2.53% | $81,100 | 3.84% |
Listed by: Sofia Estores • Epique Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406824
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.
