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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Davenport at 2716 Kelling St, Davenport, IA, 52804 offers $1,320/mo rent that, after a $832/mo payment, leaves $204/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $2,446/yr on $56,355 cash. Return on cash invested measures 24.25% in year one, and rental yield stands at 9.32% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 126.63% and total cumulative return in cash reaches $71,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
| 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 |
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $170,000 |
| 1992-03-10 | Sold | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $2730.00 | -8.82% | $166,940 | N/A |
| 2023-03-13 | $2994.00 | 4.25% | $166,940 | 12.03% |
| 2022-03-13 | $2872.00 | 0.28% | $149,020 | 4.37% |
Listed by: Otto Nobis • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261196
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.
