2730 Tremont AveDavenportIA52803
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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 2730 Tremont Ave, Davenport, IA, 52803 uses $64,609 cash to close to unlock $7,414/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $954/mo payment keeps the spread at $618/mo. Purchase price stands at $194,900, and rental yield measures 11.64% with $1,890/mo rent. Return on cash invested shows 31.38% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 164.82% and total cumulative return in cash records $106,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1941
5,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,710 (100%) |
| Owner Occupied HU | 5,364 (50.1%) |
| Renter Occupied HU | 3,944 (36.8%) |
| Vacant Housing Units | 1,402 (13.1%) |
| Median Home Value | $168,301 |
| Average Home Value | $239,310 |
Housing Distribution
Address Breakdown
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
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Listed by: Jeremy Albrecht • Realty One Group Opening Doors
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261710
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.