6112 Thor 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 6112 Thor Ave, Davenport, IA, 52807 listed at $409,990 pairs $2,422/mo rent with a $2,007/mo payment. Total monthly income runs $2,422/mo. Return on cash invested measures 17.78% in year one, and rental yield registers 7.09% at a $409,990 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,273 by year five. Five-year ROI tracks 91.87% and total cumulative return in cash totals $124,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,422/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.53 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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Listed by: Mary Foley • Liberty Realty Group LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264867
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