








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 1723 W Locust St, Davenport, IA, 52804 priced at $110,000 converts $1,678/mo rent into $927/mo cash flow after a $538/mo obligation. Total monthly income equals $1,678/mo, and annual cash flow totals $11,118/yr on $36,465 invested. Return on cash invested prints 50.4% in year one, and rental yield reads 18.31% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 267.28% and total cumulative return in cash sums $97,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,678/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1915
3,920 sqft 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 |
|---|---|---|
| 2024-10-08 | Listed for sale | $110,000 |
| 2020-07-30 | Sold | $95,000 |
| 2020-06-09 | Listing removed | $995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2122.00 | -0.47% | $115,040 | 15.78% |
| 2022-10-16 | $2132.00 | 16.00% | $99,360 | N/A |
| 2021-10-16 | $1838.00 | 2.21% | $99,360 | 20.04% |



Listed by: Chad Said • First Choice Real Estate
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #24-600
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.