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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 1636 W 3rd St, Davenport, IA, 52802 generates $956/mo in rent, after a $734/mo payment. Total monthly income is $956/mo. Return on cash invested sits at 19.47% in year one, and rental yield is 7.65% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 100.89% and total cumulative return in cash sums $50,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $956/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
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: Rachel Allen • KW 1Advantage
Mls Name: RMLS Alliance
Mls ID: #QC4267393
