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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% |
Investment property for sale in Davenport at 1605 Coffelt Ave, Davenport, IA, 52803 with 5% annual appreciation on a $305,000 basis while $2,489/mo rent supports operations. Total monthly income totals $2,489/mo and a $1,493/mo payment preserves $473/mo for cash returns. Annual cash flow comes to $5,681/yr on $101,108 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 9.79%. Five-year ROI measures 133.54% and total cumulative return in cash totals $135,022.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,489/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.31 Acres 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 |
|---|---|---|
| 2020-05-29 | Sold | $239,000 |
| 2016-05-12 | Sold | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | $5052.00 | -0.55% | $300,100 | N/A |
| 2023-03-04 | $5080.00 | 3.50% | $300,100 | 21.66% |
| 2022-03-04 | $4908.00 | 2.16% | $246,680 | 3.80% |
Listed by: Mary Millman Schoon • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4260834
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.
