2130 E 38th StDavenportIA52807
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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
Investment property for sale in Davenport at 2130 E 38th St, Davenport, IA, 52807 listed at $131,325 pairs $1,005/mo rent with a $643/mo payment to leave $152/mo cash flow. Total monthly income runs $1,005/mo, and annual cash flow reaches $1,823/yr on $43,534 cash to close. Return on cash invested measures 24.1% in year one, and rental yield registers 9.18% at a $131,325 basis. Equity gained on principal adds $847/yr, and annual property appreciation at 5% supports $36,283 by year five. Five-year ROI tracks 125.69% and total cumulative return in cash totals $54,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,005/mo property income relative to a $643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52807, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
4,942
Multi-Family
2,628
Businesses
893
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