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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Davenport at 1228 E Dover Ct, Davenport, IA, 52803 priced at $193,900 converts $3,320/mo rent into $2,008/mo cash flow after a $949/mo obligation. Total monthly income equals $3,320/mo, and annual cash flow totals $24,101/yr on $64,278 invested. Return on cash invested prints 57.4% in year one, and rental yield reads 20.55% against a $193,900 entry. Equity gained on principal adds $1,251/yr, while 5% annual appreciation compiles into $53,571 by year five. Five-year ROI reaches 304.7% and total cumulative return in cash sums $195,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,320/mo property income covering a $949/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
| 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 |
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Price change | $193,900 |
| 2024-07-27 | Listed for sale | $198,900 |
| 2021-08-13 | Sold | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $3576.00 | 4.87% | $192,790 | 15.14% |
| 2022-09-13 | $3410.00 | 8.05% | $167,440 | -2.26% |
| 2021-09-13 | $3156.00 | -3.55% | $171,310 | 11.25% |
Listed by: Peter Voss • 3% Listing Company, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4254934
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
