412 E 15th 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 412 E 15th St, Davenport, IA, 52803 earns $487/mo cash flow from $1,357/mo rent with a $656/mo payment. Total monthly income totals $1,357/mo, and annual cash flow totals $5,839/yr on $44,421 capital. ROI tracks 33.05% on current figures, and rental yield reads 12.15% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Five-year ROI reaches 173.78% and total cumulative return in cash sums $77,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,357/mo property income instead of your personal income.
Single Family
Built in 1900
4,791 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: Amy Johnson • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263060
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.