2 Blue Grass CtDavenportIA52802
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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
Investment property for sale in Davenport at 2 Blue Grass Ct, Davenport, IA, 52802 earns $589/mo cash flow from $1,286/mo rent with a $489/mo payment. Total monthly income totals $1,286/mo, and annual cash flow totals $7,072/yr on $33,150 capital. ROI tracks 41.24% on current figures, and rental yield reads 15.43% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 218.4% and total cumulative return in cash sums $72,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,286/mo property income instead of your personal income.
Single Family
Built in 1940
10,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
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Listed by: Deb Haussmann • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262322
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.