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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Davenport at 5 Thode Ct, Davenport, IA, 52802 listed at $175,000 pairs $2,202/mo rent with a $857/mo payment to leave $1,065/mo cash flow. Total monthly income runs $2,202/mo, and annual cash flow reaches $12,780/yr on $58,013 cash to close. Return on cash invested measures 41.94% in year one, and rental yield registers 15.1% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 221.36% and total cumulative return in cash totals $128,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,202/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $175,000 |
| 2018-08-21 | Sold | $85,000 |
| 2016-01-11 | Sold | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2182.00 | -0.37% | $113,500 | 2.22% |
| 2022-10-16 | $2190.00 | -0.82% | $111,040 | N/A |
| 2021-10-16 | $2208.00 | -5.59% | $111,040 | 2.77% |
Listed by: Darla Hooper • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257457
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.
