3413 Washington StDavenportIA52806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3413 Washington St, Davenport, IA, 52806 priced at $143,500 pairs $1,356/mo rent with $424/mo cash flow after a $702/mo payment. Total monthly income equals $1,356/mo, and annual cash flow comes to $5,084/yr on $47,570 invested. Return on cash invested is 30.6% in year one, and rental yield stands at 11.34% on a $143,500 basis. Equity gained on principal adds $926/yr, and 5% annual appreciation accumulates to $39,646 by year five. Five-year ROI measures 160.57% and total cumulative return in cash reaches $76,385. For financing, Ziffy Mortgage’s DSCR program evaluates $1,356/mo property income against a $702/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,074 (100%) |
| Owner Occupied HU | 7,888 (60.3%) |
| Renter Occupied HU | 4,304 (32.9%) |
| Vacant Housing Units | 882 ( 6.7%) |
| Median Home Value | $204,372 |
| Average Home Value | $240,330 |
Housing Distribution
Address Breakdown
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
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Listed by: David Maubach • Mel Foster Co. Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261667
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.