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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 2038 N Myrtle St, Davenport, IA, 52804 uses $41,424 cash to close to unlock $1,705/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $954/mo, and a $612/mo payment keeps the spread at $142/mo. Purchase price stands at $124,960, and rental yield measures 9.16% with $954/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $34,524 over five years. Five-year ROI reaches 125.44% and total cumulative return in cash records $51,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1929
7,125 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
| 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 |
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
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: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11595883
