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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% |
Rental property for sale in Davenport at 2116 E 60th St, Davenport, IA, 52807 generates $4,019/mo in rent and, after a $2,374/mo payment, leaves $869/mo in cash flow. Total monthly income is $4,019/mo, and annual cash flow is $10,428/yr on $160,778 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.94% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 138.01% and total cumulative return in cash sums $221,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,019/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52807, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 3,935 (50.4%) |
| Renter Occupied HU | 3,252 (41.6%) |
| Vacant Housing Units | 623 ( 8.0%) |
| Median Home Value | $353,384 |
| Average Home Value | $375,546 |
Residential
7,570
Single Family
4,942
Multi-Family
2,628
Businesses
893
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: Kurt Johnson • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls ID: #QC4268234
