3317 Kimberly Downs RdDavenportIA52807
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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
Rental property for sale in Davenport at 3317 Kimberly Downs Rd, Davenport, IA, 52807 priced at $195,000 converts $1,534/mo rent into $251/mo cash flow after a $954/mo obligation. Total monthly income equals $1,534/mo, and annual cash flow totals $3,009/yr on $64,643 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 9.44% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 128.33% and total cumulative return in cash sums $82,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,534/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52807, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 3,935 (50.4%) |
| Renter Occupied HU | 3,252 (41.6%) |
| Vacant Housing Units | 623 ( 8.0%) |
| Median Home Value | $353,384 |
| Average Home Value | $375,546 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
4,942
Multi-Family
2,628
Businesses
893
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Listed by: Otto Nobis • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261945
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.