1816 E 59th CtDavenportIA52807
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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
Investment Highlights
Total monthly income runs $2,496/mo, and a $4,160/mo payment. Purchase price stands at $849,900, and rental yield measures 3.52% with $2,496/mo rent. Return on cash invested shows 7.05% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 34.25% and total cumulative return in cash records $95,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52807, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 3,935 (50.4%) |
| Renter Occupied HU | 3,252 (41.6%) |
| Vacant Housing Units | 623 ( 8.0%) |
| Median Home Value | $353,384 |
| Average Home Value | $375,546 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
4,942
Multi-Family
2,628
Businesses
893
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Listed by: Stephanie Kauzlarich • EXP REALTY, LLC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263567
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.