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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 2036 W 2nd St, Davenport, IA, 52802 listed at $134,900 pairs $1,222/mo rent with a $660/mo payment to leave $346/mo cash flow. Total monthly income runs $1,222/mo, and annual cash flow reaches $4,154/yr on $44,719 cash to close. Return on cash invested measures 29.2% in year one, and rental yield registers 10.87% at a $134,900 basis. Equity gained on principal adds $870/yr, and annual property appreciation at 5% supports $37,270 by year five. Five-year ROI tracks 153.15% and total cumulative return in cash totals $68,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,222/mo property income relative to a $660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| 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 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $134,900 |
| 2021-12-13 | Sold | $65,000 |
| 2015-05-05 | Sold | $77,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1980.00 | -2.75% | $113,520 | N/A |
| 2023-04-23 | $2036.00 | -0.39% | $113,520 | 19.13% |
| 2022-04-23 | $2044.00 | 0.59% | $95,290 | N/A |
Listed by: Richard Bassford • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262419
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.
