2307 W 2nd StDavenportIA52802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2307 W 2nd St, Davenport, IA, 52802 earns $567/mo cash flow from $1,523/mo rent with a $720/mo payment. Total monthly income totals $1,523/mo, and annual cash flow totals $6,810/yr on $48,797 capital. ROI tracks 33.86% on current figures, and rental yield reads 12.42% at a $147,200 purchase. Equity gained on principal adds $950/yr, and 5% annual appreciation supports $40,669 over five years. Five-year ROI reaches 178.12% and total cumulative return in cash sums $86,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,523/mo property income instead of your personal income.
Single Family
Built in 1920
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices