2607 Hawthorne DrBettendorfIA52722
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2607 Hawthorne Dr, Bettendorf, IA, 52722 in Bettendorf deserves attention. This $105,000 property earns $2,443/mo in rent, a 27.92% gross yield, and nets $1,661/mo after the $472/mo payment. DSCR 5.18 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $29,010 compounds alongside $967/yr in yearly equity build, for a total cumulative return of $147,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 27.9% | 6.8% |
| Monthly Cash Flow | $1,661 | $320 |
City averages based on Bettendorf market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,443 |
| Total Monthly Debt Service | $740 |
| DSCR Ratio | 3.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1967
4,356 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1967
4,356 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices