2706 W 47th 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 2706 W 47th St, Davenport, IA, 52806 uses $67,626 cash to close to unlock $5,863/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $1,813/mo, and a $998/mo payment keeps the spread at $489/mo. Purchase price stands at $204,000, and rental yield measures 10.66% with $1,813/mo rent. Return on cash invested shows 28.58% in year one, and 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 149.73% and total cumulative return in cash records $101,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,813/mo property income covering a $998/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.74 Acres 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: Jinnie Riley • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263627
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.