6115 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
Rental property for sale in Davenport at 6115 Thor Ave, Davenport, IA, 52807 offers $2,810/mo rent that, after a $2,085/mo payment, leaves $43/mo cash flow. Total monthly income is $2,810/mo, and annual cash flow is $521/yr on $141,216 cash. Return on cash invested measures 20.28% in year one, and rental yield stands at 7.92% at a $425,990 entry. Equity gained on principal adds $2,749/yr while 5% annual appreciation compounds into $117,693 by year five. Five-year ROI records 105.23% and total cumulative return in cash reaches $148,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,810/mo property income versus a $2,085/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.26 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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