3812 Joyce LnDavenportIA52806
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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 3812 Joyce Ln, Davenport, IA, 52806 uses $147,352 cash to close to unlock $2,494/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $3,095/mo, and a $2,176/mo payment keeps the spread at $208/mo. Purchase price stands at $444,500, and rental yield measures 8.36% with $3,095/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $122,807 over five years. Five-year ROI reaches 112.31% and total cumulative return in cash records $165,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,095/mo property income covering a $2,176/mo payment rather than investor’s personal income.
Single Family
Built in 2022
10,018 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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