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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% |
Investment property for sale in Davenport at 2034 Farnam St, Davenport, IA, 52803 offers a 10.47% rental yield on a $199,700 purchase with $1,742/mo rent. Total monthly income registers $1,742/mo, and a $977/mo payment leaves $445/mo available for distribution. Annual cash flow reaches $5,346/yr on $66,201 to close, and return on cash invested stands at 27.98% in year one. Equity gained on principal adds $1,289/yr while 5% annual appreciation supports $55,173 over five years. Portfolio math shows five-year ROI at 146.57% and total cumulative return in cash at $97,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,742/mo property income against a $977/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,710 (100%) |
| Owner Occupied HU | 5,364 (50.1%) |
| Renter Occupied HU | 3,944 (36.8%) |
| Vacant Housing Units | 1,402 (13.1%) |
| Median Home Value | $168,301 |
| Average Home Value | $239,310 |
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
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: Jesse Hammes • Cornerstone Partners QC - Real Broker, LLC
Mls Name: RMLS Alliance
Mls ID: #QC4267817
