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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Davenport at 4011 Lillie Ave APT 106, Davenport, IA, 52806 generates $1,176/mo in rent and, after a $538/mo payment, leaves $198/mo in cash flow. Total monthly income is $1,176/mo, and annual cash flow is $2,374/yr on $36,432 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 12.84% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 141.35% and total cumulative return in cash sums $51,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,176/mo property income rather than buyer’s personal income.
Condo
Built in 1984
3,484 sqft lot
$N/A/sqft
$3,172 annually HOA
Neighborhood data shown for ZIP Code: 52806, Davenport, IA area.
| 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 |
Residential
12,064
Single Family
9,526
Multi-Family
2,538
Businesses
851
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $109,900 |
| 2021-03-24 | Listing removed | N/A |
| 2019-07-14 | Listing removed | $82,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $1510.00 | -18.55% | $97,040 | N/A |
| 2023-07-02 | $1854.00 | 6.92% | $97,040 | 1.44% |
| 2022-07-02 | $1734.00 | 9.06% | $95,660 | 6.55% |
Listed by: Amy Laing • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264796
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.
