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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 2217 E Locust St, Davenport, IA, 52803 priced at $120,000 pairs $1,213/mo rent with $430/mo cash flow after a $587/mo payment. Total monthly income equals $1,213/mo, and annual cash flow comes to $5,164/yr on $39,780 invested. Return on cash invested is 32.89% in year one, and rental yield stands at 12.13% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 172.96% and total cumulative return in cash reaches $68,803. For financing, Ziffy Mortgage’s DSCR program evaluates $1,213/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
4,800 sqft 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 |
|---|---|---|
| 2024-09-03 | Price change | $120,000 |
| 2024-08-28 | Listed for sale | $125,000 |
| 2024-08-27 | Listing removed | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1868.00 | 2.86% | $90,740 | 3.80% |
| 2022-10-16 | $1816.00 | -3.40% | $87,420 | 3.27% |
| 2021-10-16 | $1880.00 | 2.23% | $84,650 | N/A |
Listed by: Amanda Hodge • Epique Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255905
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.
