2107 W 38th PlDavenportIA52806
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2107 W 38th Pl, Davenport, IA, 52806 in Davenport earns a 9.25% gross yield at $237,500. Rent of $1,850/mo nets $292/mo after the $1,068/mo mortgage. The 1.73 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $65,617 and $2,187/yr in equity accumulation project a total cumulative return of $110,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.8% |
| Monthly Cash Flow | $292 | $450 |
City averages based on Davenport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,850 |
| Total Monthly Debt Service | $1,448 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,074 (100%) |
| Owner Occupied HU | 7,888 (60.3%) |
| Renter Occupied HU | 4,304 (32.9%) |
| Vacant Housing Units | 882 ( 6.7%) |
| Median Home Value | $204,372 |
| Average Home Value | $240,330 |
Housing Distribution
Address Breakdown
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,074 (100%) |
| Owner Occupied HU | 7,888 (60.3%) |
| Renter Occupied HU | 4,304 (32.9%) |
| Vacant Housing Units | 882 ( 6.7%) |
| Median Home Value | $204,372 |
| Average Home Value | $240,330 |
Housing Distribution
Address Breakdown
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices