4724 Western AveDavenportIA52806
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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
Rental property for sale in Davenport at 4724 Western Ave, Davenport, IA, 52806 generates $1,876/mo in rent and, after a $929/mo payment, leaves $643/mo in cash flow. Total monthly income is $1,876/mo, and annual cash flow is $7,718/yr on $62,952 invested. Return on cash invested sits at 32.17% in year one, and rental yield is 11.85% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 169.07% and total cumulative return in cash sums $106,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,876/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
7,412 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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Listed by: Lisa Carstens • Real Broker, LLC - Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266990
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.