2129 Washington StDavenportIA52804
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
Investment Highlights
Rental property for sale in Davenport at 2129 Washington St, Davenport, IA, 52804 generates $1,608/mo in rent and, after a $754/mo payment, leaves $608/mo in cash flow. Total monthly income is $1,608/mo, and annual cash flow is $7,291/yr on $51,051 invested. Return on cash invested sits at 34.19% in year one, and rental yield is 12.53% on a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 179.87% and total cumulative return in cash sums $91,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,608/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Smith-DeWulf • BUY SELL BUILD QC - Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262533
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.