5115 Lorton 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 5115 Lorton Ave, Davenport, IA, 52807 earns $200/mo cash flow from $1,759/mo rent with a $1,175/mo payment. Total monthly income totals $1,759/mo, and annual cash flow totals $2,400/yr on $79,560 capital. ROI tracks 22.93% on current figures, and rental yield reads 8.79% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 119.4% and total cumulative return in cash sums $94,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,759/mo property income instead of your personal income.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
No 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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