Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2320 Redwood Ave, Davenport, IA, 52802 generates $1,237/mo in rent and, after a $636/mo payment, leaves $393/mo in cash flow. Total monthly income is $1,237/mo, and annual cash flow is $4,718/yr on $43,062 invested. Return on cash invested sits at 30.87% in year one, and rental yield is 11.43% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 162.06% and total cumulative return in cash sums $69,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,237/mo property income rather than buyer’s personal income.
Multi Family
Built in 1918
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| 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 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $129,900 |
| 2016-03-13 | Sold | $69,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $1728.00 | -7.99% | $99,110 | N/A |
| 2023-04-14 | $1878.00 | -0.53% | $99,110 | 12.69% |
| 2022-04-14 | $1888.00 | 6.67% | $87,950 | N/A |
Listed by: Chris Holvoet • 3% Listing Company, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262110
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.
