1 Blue Grass CtDavenportIA52802
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Davenport at 1 Blue Grass Ct, Davenport, IA, 52802 offers $773/mo rent that, after a $489/mo payment, leaves $124/mo cash flow. Total monthly income is $773/mo, and annual cash flow is $1,488/yr on $33,150 cash. Return on cash invested measures 24.4% in year one, and rental yield stands at 9.28% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 127.29% and total cumulative return in cash reaches $42,196. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $773/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
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