402 E 8th StDavenportIA52803
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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 402 E 8th St, Davenport, IA, 52803 at $109,500 posts ROI 36.2% with $493/mo cash flow from $1,204/mo rent. Total monthly income equals $1,204/mo, and annual cash flow records $5,914/yr on $36,299 to close. Return on cash invested measures 36.2% and rental yield reads 13.19% at the current $109,500. Equity gained on principal adds $707/yr, and 5% annual appreciation supports $30,253 by year five. Five-year ROI prints 190.64% and total cumulative return in cash totals $69,203.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,204/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
3,636 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,710 (100%) |
| Owner Occupied HU | 5,364 (50.1%) |
| Renter Occupied HU | 3,944 (36.8%) |
| Vacant Housing Units | 1,402 (13.1%) |
| Median Home Value | $168,301 |
| Average Home Value | $239,310 |
Housing Distribution
Address Breakdown
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
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Listed by: Erika Thomas • Milltown Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4254972
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.