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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 2402 Davie St, Davenport, IA, 52804 priced at $120,000 converts $1,578/mo rent into $779/mo cash flow after a $587/mo obligation. Total monthly income equals $1,578/mo, and annual cash flow totals $9,346/yr on $39,780 invested. Return on cash invested prints 43.4% in year one, and rental yield reads 15.78% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 229.46% and total cumulative return in cash sums $91,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,578/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1920
4,791 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 |
|---|---|---|
| 2024-10-14 | Price change | $120,000 |
| 2024-10-03 | Price change | $127,000 |
| 2024-09-19 | Listed for sale | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2066.00 | 3.51% | $112,720 | 16.58% |
| 2022-11-20 | $1996.00 | 7.43% | $96,690 | 4.00% |
| 2021-11-20 | $1858.00 | 2.19% | $92,970 | 11.09% |
What's Special
Storage
Listed by: Richard Bassford • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256621
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.
