








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Cedar Rapids at Garnett ll Plan, Stoney Point, Cedar Rapids, IA, 52404 priced at $406,000 pairs $2,798/mo rent with $161/mo cash flow after a $1,987/mo payment. Total monthly income equals $2,798/mo, and annual cash flow comes to $1,937/yr on $134,589 invested. Return on cash invested is 21.35% in year one, and rental yield stands at 8.27% on a $406,000 basis. Equity gained on principal adds $2,620/yr, and 5% annual appreciation accumulates to $112,170 by year five. Five-year ROI measures 110.97% and total cumulative return in cash reaches $149,356. For financing, Ziffy Mortgage’s DSCR program evaluates $2,798/mo property income against a $1,987/mo payment instead of your W2s, 1099s, or 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 | $406,000 |
| 2025-04-26 | Price change | $391,375 |
| 2024-05-04 | Price change | $375,000 |
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