








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 502 Concord St, Davenport, IA, 52802 at $119,900 posts ROI 25.08% with $171/mo cash flow from $950/mo rent. Total monthly income equals $950/mo, and annual cash flow records $2,054/yr on $39,747 to close. Return on cash invested measures 25.08% and rental yield reads 9.51% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 131.06% and total cumulative return in cash totals $52,092.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $950/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
4,050 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $119,900 |
| 2014-03-24 | Sold | $60,500 |
| 2013-04-26 | Sold | $96,593 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $1742.00 | -23.06% | $99,900 | N/A |
| 2023-04-11 | $2264.00 | -0.53% | $99,900 | -5.77% |
| 2022-04-11 | $2276.00 | -0.87% | $106,020 | N/A |



Listed by: Chris Kaufmann • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261930
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.