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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 2240 Jebens Ave, Davenport, IA, 52804 generates $1,745/mo in rent and, after a $954/mo payment, leaves $479/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $5,750/yr on $64,609 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.74% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 151.02% and total cumulative return in cash sums $97,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
| 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 |
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $194,900 |
| 2022-04-20 | Sold | $169,900 |
| 2022-03-08 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $2580.00 | -6.11% | $158,390 | N/A |
| 2023-03-18 | $2748.00 | -6.91% | $158,390 | 15.16% |
| 2022-03-18 | $2952.00 | 15.13% | $137,540 | N/A |
Listed by: Andy Rodriguez • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261231
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.
