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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 2202 E Locust St, Davenport, IA, 52803 generates $923/mo in rent and, after a $489/mo payment, leaves $274/mo in cash flow. Total monthly income is $923/mo, and annual cash flow is $3,288/yr on $33,150 invested. Return on cash invested sits at 29.83% in year one, and rental yield is 11.08% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 156.39% and total cumulative return in cash sums $51,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $923/mo property income rather than buyer’s personal income.
Multi Family
Built in 1864
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,710 (100%) |
| Owner Occupied HU | 5,364 (50.1%) |
| Renter Occupied HU | 3,944 (36.8%) |
| Vacant Housing Units | 1,402 (13.1%) |
| Median Home Value | $168,301 |
| Average Home Value | $239,310 |
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $100,000 |
| 1999-11-30 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $1416.00 | 8.26% | $81,230 | N/A |
| 2023-04-24 | $1308.00 | -0.46% | $81,230 | 32.62% |
| 2022-04-24 | $1314.00 | 1.70% | $61,250 | N/A |
Listed by: Rachel Allen • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262447
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.
