








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


Investment property for sale in Davenport at 1321 N Main St, Davenport, IA, 52803 with 5% annual appreciation on a $172,000 basis while $1,198/mo rent supports operations. Total monthly income totals $1,198/mo and a $842/mo payment preserves $81/mo for cash returns. Annual cash flow comes to $970/yr on $57,018 deployed, and return on cash invested reaches 21.61% in year one. Equity gained on principal adds $1,110/yr, and five-year appreciation sums $47,520 alongside rental yield of 8.36%. Five-year ROI measures 112.37% and total cumulative return in cash totals $64,069.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,198/mo property income versus a $842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1910
4,356 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $172,000 |
| 2024-12-15 | Listing removed | $179,000 |
| 2024-12-12 | Price change | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jim Jost • Mel Foster Co. Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262206
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.