Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Davenport at 2621 Redwood Ave, Davenport, IA, 52802 at $110,000 posts ROI 38.17% with $555/mo cash flow from $1,276/mo rent. Total monthly income equals $1,276/mo, and annual cash flow records $6,660/yr on $36,465 to close. Return on cash invested measures 38.17% and rental yield reads 13.92% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 201.43% and total cumulative return in cash totals $73,452.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
4,416 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $110,000 |
| 2024-10-02 | Pending sale | $110,000 |
| 2024-09-16 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1756.00 | 20.27% | $107,680 | 31.00% |
| 2022-10-16 | $1460.00 | 6.57% | $82,200 | 20.79% |
| 2021-10-16 | $1370.00 | 2.26% | $68,050 | 10.35% |
Listed by: Abby Shipman • Keller Williams Greater Quad Cities / Midwest Partners
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256481
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.
