Depending on how the radio is powered, if the iphone is to be charged from a mains charger at the same time its connected to this circuit, you might want to isolate the audio out from the phone, there is often a small capacitance from the mains to the o/p of a phone charger to prevent rf interference, this might upset a 2 way radio, esp lower frequency ones.
If you can find one an LT44 might do the job, or one of these car radio ground loop isolators.