1004 College Ave, Davenport, IA, 52803 | 4.57% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Davenport at 1004 College Ave, Davenport, IA, 52803 offers a 4.57% rental yield on a $449,000 purchase with $1,711/mo rent. 19% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 51.13% and total cumulative return in cash at $76,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1950

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,710 (100%)
Owner Occupied HU	5,364 (50.1%)
Renter Occupied HU	3,944 (36.8%)
Vacant Housing Units	1,402 (13.1%)
Median Home Value	$168,301
Average Home Value	$239,310