3550 Devils Glen RdBettendorfIA52722
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 3550 Devils Glen Rd, Bettendorf, IA, 52722 in Bettendorf is listed at $189,000 and delivers $1,631/mo in rent and $403/mo in net monthly cash flow. The 10.35% yield and 1.92 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $52,217 over five years, and $1,741/yr in principal reduction supplements cash return. Total projected cumulative return: $97,895.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.8% |
| Monthly Cash Flow | $403 | $320 |
City averages based on Bettendorf market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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
Single Family
Built in 1974
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri Paper • Ruhl&Ruhl REALTORS Davenport
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4267787