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 Charleston Plan, Heartland Heights, Cedar Rapids, IA, 52404 offers a 8.72% rental yield on a $400,000 purchase with $2,908/mo rent. Total monthly income registers $2,908/mo, and a $1,958/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,720/yr on $132,600 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 118.27% and total cumulative return in cash at $156,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,908/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-10-05 | Price change | $400,000 |
| 2025-04-26 | Price change | $378,000 |
| 2024-05-04 | Price change | $374,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Skogman Homes
Mls Name: Skogman Homes
Mls ID: #N/A
