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 2845 Washington Ln, Davenport, IA, 52804 offers a 9.93% rental yield on a $229,900 purchase with $1,903/mo rent. Total monthly income registers $1,903/mo, and a $1,125/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,922/yr on $76,212 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 137.95% and total cumulative return in cash at $105,131. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,840 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 |
|---|---|---|
| 2025-07-24 | Listed for sale | $229,900 |
| 2025-07-24 | Listing removed | $234,900 |
| 2025-06-26 | Price change | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-28 | $2894.00 | -12.94% | $165,990 | N/A |
| 2023-07-28 | $3324.00 | 3.62% | $165,990 | 6.68% |
| 2022-07-28 | $3208.00 | 19.26% | $155,590 | 4.07% |
Listed by: Donna Arnold • Keller Williams Legacy Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265690
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.
