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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% |
Investment property for sale in Davenport at 2324 W 3rd St, Davenport, IA, 52802 earns $163/mo cash flow from $1,165/mo rent with a $734/mo payment. Total monthly income totals $1,165/mo, and annual cash flow totals $1,951/yr on $49,725 capital. ROI tracks 23.83% on current figures, and rental yield reads 9.32% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash sums $61,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,165/mo property income instead of your personal income.
Multi Family
Built in 1900
0.28 Acres 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 |
|---|---|---|
| 2024-10-15 | Listed for sale | $150,000 |
| 2024-10-04 | Pending sale | $150,000 |
| 2024-09-18 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2620.00 | -12.08% | $152,920 | 24.68% |
| 2022-10-16 | $2980.00 | -4.91% | $122,650 | 3.98% |
| 2021-10-16 | $3134.00 | -5.46% | $117,950 | N/A |
Listed by: Amy Johnson • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256572
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.
