2514 W 60th St, Davenport, IA, 52806 | $354/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2514 W 60th St, Davenport, IA, 52806 | $354/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Davenport at 2514 W 60th St, Davenport, IA, 52806 listed at $229,900 pairs $1,847/mo rent with a $1,125/mo payment to leave $354/mo cash flow. Total monthly income runs $1,847/mo, and annual cash flow reaches $4,250/yr on $76,212 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.64% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 133.21% and total cumulative return in cash totals $101,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,847/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1979

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this delightful 3-bedroom, 2-bath home nestled in a quiet and conveniently located North Davenport neighborhood. Beautifully maintained and move-in ready, this lovely property offers an abundance of comfort, space, with updates throughout. The bright and open main living area leads into the spacious dining room that carries into the open and updated kitchen. The upper level includes the large, main bedroom, a fully remodeled primary bathroom along with two more large bedrooms. The finished lower level provides additional room for entertaining and a fireplace for relaxation. The basement has an addition updated bathroom while offering even more space for immediate storage along with the potential of a 4th bedroom or home gym/office. The large front yard and attached two car garage provide ample parking and easy accessibility. Moving to the back, the large deck is perfect for entertaining and gives way to the spacious and low maintenance backyard. Dont miss out on this wonderful, move-in ready home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,074 (100%)
Owner Occupied HU	7,888 (60.3%)
Renter Occupied HU	4,304 (32.9%)
Vacant Housing Units	882 ( 6.7%)
Median Home Value	$204,372
Average Home Value	$240,330