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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 1614 W 15th St, Davenport, IA, 52804 offers a 10.44% rental yield on a $149,000 purchase with $1,296/mo rent. Total monthly income registers $1,296/mo, and a $729/mo payment leaves $329/mo available for distribution. Annual cash flow reaches $3,943/yr on $49,394 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 146.07% and total cumulative return in cash at $72,148. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,296/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,538 (100%) |
| Owner Occupied HU | 7,301 (63.3%) |
| Renter Occupied HU | 3,354 (29.1%) |
| Vacant Housing Units | 883 ( 7.7%) |
| Median Home Value | $160,594 |
| Average Home Value | $209,304 |
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
Date | Event | Price |
|---|---|---|
| 2021-04-30 | Sold | $99,900 |
| 2021-01-01 | Listing removed | $99,900 |
| 2020-10-20 | Price change | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $1872.00 | -12.44% | $107,330 | N/A |
| 2023-07-02 | $2138.00 | -0.47% | $107,330 | 7.21% |
| 2022-07-02 | $2148.00 | 11.99% | $100,110 | N/A |
Listed by: Shelly Ortega • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264810
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.
