2606 W 68th StDavenportIA52806
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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
Investment property for sale in Davenport at 2606 W 68th St, Davenport, IA, 52806 earns $122/mo cash flow from $901/mo rent with a $587/mo payment. Total monthly income totals $901/mo, and annual cash flow totals $1,464/yr on $39,780 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.01% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash sums $48,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $901/mo property income instead of your personal income.
Single Family
Built in 1954
6,960 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
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Listed by: Brittney Mills • Mel Foster Co. Aledo
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261021
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.