611 Northbrook DrDavenportIA52806
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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 611 Northbrook Dr, Davenport, IA, 52806 priced at $217,500 pairs $1,787/mo rent with $374/mo cash flow after a $1,065/mo payment. Total monthly income equals $1,787/mo, and annual cash flow comes to $4,488/yr on $72,101 invested. Return on cash invested is 26.13% in year one, and rental yield stands at 9.86% on a $217,500 basis. Equity gained on principal adds $1,403/yr, and 5% annual appreciation accumulates to $60,091 by year five. Five-year ROI measures 136.62% and total cumulative return in cash reaches $98,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,787/mo property income against a $1,065/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
9,583 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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