4600 Grand AveDavenportIA52807
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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 4600 Grand Ave, Davenport, IA, 52807 earns $242/mo cash flow from $1,241/mo rent with a $602/mo payment. Total monthly income totals $1,241/mo, and annual cash flow totals $2,908/yr on $40,741 capital. ROI tracks 27.05% on current figures, and rental yield reads 12.12% at a $122,900 purchase. Equity gained on principal adds $793/yr, and 5% annual appreciation supports $33,955 over five years. Five-year ROI reaches 143.72% and total cumulative return in cash sums $58,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,241/mo property income instead of your personal income.
Condo
Built in 2004
4,356 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52807, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 3,935 (50.4%) |
| Renter Occupied HU | 3,252 (41.6%) |
| Vacant Housing Units | 623 ( 8.0%) |
| Median Home Value | $353,384 |
| Average Home Value | $375,546 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
4,942
Multi-Family
2,628
Businesses
893
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Listed by: Kyle Condon • Ruhl&Ruhl REALTORS Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4253829
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.