637 E Columbia AveDavenportIA52803
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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
Investment property for sale in Davenport at 637 E Columbia Ave, Davenport, IA, 52803 at $189,900 posts ROI 25.78% with $308/mo cash flow from $1,541/mo rent. Total monthly income equals $1,541/mo, and annual cash flow records $3,698/yr on $62,952 to close. Return on cash invested measures 25.78% and rental yield reads 9.74% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 134.82% and total cumulative return in cash totals $84,869.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,541/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52803, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,710 (100%) |
| Owner Occupied HU | 5,364 (50.1%) |
| Renter Occupied HU | 3,944 (36.8%) |
| Vacant Housing Units | 1,402 (13.1%) |
| Median Home Value | $168,301 |
| Average Home Value | $239,310 |
Housing Distribution
Address Breakdown
Residential
9,455
Single Family
8,525
Multi-Family
930
Businesses
422
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