








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 1617 W 38th St, Davenport, IA, 52806 listed at $110,000 pairs $840/mo rent with a $538/mo payment to leave $126/mo cash flow. Total monthly income runs $840/mo, and annual cash flow reaches $1,512/yr on $36,465 cash to close. Return on cash invested measures 24.06% in year one, and rental yield registers 9.16% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 125.45% and total cumulative return in cash totals $45,744. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,074 (100%) |
| Owner Occupied HU | 7,888 (60.3%) |
| Renter Occupied HU | 4,304 (32.9%) |
| Vacant Housing Units | 882 ( 6.7%) |
| Median Home Value | $204,372 |
| Average Home Value | $240,330 |
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brandon Holtam • Currents and Keys Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269664