224 E Rusholme StDavenportIA52803
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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 224 E Rusholme St, Davenport, IA, 52803 listed at $114,000 pairs $875/mo rent with a $558/mo payment to leave $68/mo cash flow. Total monthly income runs $875/mo, and annual cash flow reaches $811/yr on $37,791 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 9.21% at a $114,000 basis. Equity gained on principal adds $736/yr, and annual property appreciation at 5% supports $31,496 by year five. Five-year ROI tracks 115.57% and total cumulative return in cash totals $43,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $875/mo property income relative to a $558/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
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Listed by: Nikki Bedford • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4267003
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.