6145 Fair AveDavenportIA52806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6145 Fair Ave, Davenport, IA, 52806 generates $2,052/mo in rent and, after a $1,224/mo payment, leaves $428/mo in cash flow. Total monthly income is $2,052/mo, and annual cash flow is $5,136/yr on $82,875 invested. Return on cash invested sits at 26.11% in year one, and rental yield is 9.85% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.47% and total cumulative return in cash sums $113,098. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,052/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.41 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices