6411 Cedar StDavenportIA52806
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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 6411 Cedar St, Davenport, IA, 52806 with 5% annual appreciation on a $219,000 basis while $1,706/mo rent supports operations. Total monthly income totals $1,706/mo and a $1,072/mo payment preserves $284/mo for cash returns. Annual cash flow comes to $3,403/yr on $72,599 deployed, and return on cash invested reaches 24.6% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 9.35%. Five-year ROI measures 128.41% and total cumulative return in cash totals $93,225.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,706/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
6,000 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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Listed by: Shelly Ortega • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262594
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.