1804 W 15th St, Davenport, IA, 52804 | $437/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1804 W 15th St, Davenport, IA, 52804 | $437/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Davenport at 1804 W 15th St, Davenport, IA, 52804 offers a 11.29% rental yield on a $150,000 purchase with $1,411/mo rent. Total monthly income registers $1,411/mo, and a $734/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,244/yr on $49,725 to close, and return on cash invested stands at 30.46% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 159.75% and total cumulative return in cash at $79,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,411/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

7,750 sqft lot

$N/A/sqft

No HOA

More details about the property

This well-maintained 3-bedroom, 1-bath home is nestled in a quiet, established Davenport neighborhood. It offers comfortable living with a functional layout, generous storage, and great potential for personalization. Step inside to a bright and inviting living space that flows into a cozy dinette and large kitchen layout. Three well-sized bedrooms and a full bath offer convenience on the main floor, making this home ideal for everyday living. The home features 1,150 sq ft of above-grade living space, plus an additional 730 sq ft unfinished basementperfect for storage, hobbies, or future finishing. A great find in the area, the property also includes a detached 2-car garage accessible from the alley, with a concrete double parking pad. It sits on a 7,500 sq ft lot featuring a composite deck with french doors into the kitchen. This home retains a number of original features, including a fireplace, and is situated among other well-established properties of similar charm and character.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.

Housing Distribution

Housing Statistics

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