2605 Pacific StDavenportIA52804
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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
Investment Highlights
Rental property for sale in Davenport at 2605 Pacific St, Davenport, IA, 52804 priced at $180,000 converts $1,684/mo rent into $515/mo cash flow after a $881/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $6,180/yr on $59,670 invested. Return on cash invested prints 30.27% in year one, and rental yield reads 11.23% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 158.76% and total cumulative return in cash sums $94,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
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Listed by: Kyle Robinson • Epique Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264395
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.