4928 Main CtDavenportIA52806
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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 4928 Main Ct, Davenport, IA, 52806 priced at $360,000 converts $3,277/mo rent into $939/mo cash flow after a $1,762/mo obligation. Total monthly income equals $3,277/mo, and annual cash flow totals $11,268/yr on $119,340 invested. Return on cash invested prints 29.35% in year one, and rental yield reads 10.92% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 153.85% and total cumulative return in cash sums $183,609. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,277/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1998
9,147 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: Bobbie Martinez • 3% Listing Company, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261629
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.