314 Washington StDavenportIA52802
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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 314 Washington St, Davenport, IA, 52802 listed at $114,900 pairs $903/mo rent with a $562/mo payment to leave $157/mo cash flow. Total monthly income runs $903/mo, and annual cash flow reaches $1,886/yr on $38,089 cash to close. Return on cash invested measures 24.86% in year one, and rental yield registers 9.43% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 129.9% and total cumulative return in cash totals $49,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $903/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
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