807 Spaulding BlvdDavenportIA52804
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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 807 Spaulding Blvd, Davenport, IA, 52804 offers $1,800/mo rent that, after a $1,082/mo payment, leaves $364/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $4,373/yr on $73,262 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 9.77% at a $221,000 entry. Equity gained on principal adds $1,426/yr while 5% annual appreciation compounds into $61,058 by year five. Five-year ROI records 135.3% and total cumulative return in cash reaches $99,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $1,082/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52804, Davenport, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,538 (100%) |
| Owner Occupied HU | 7,301 (63.3%) |
| Renter Occupied HU | 3,354 (29.1%) |
| Vacant Housing Units | 883 ( 7.7%) |
| Median Home Value | $160,594 |
| Average Home Value | $209,304 |
Housing Distribution
Address Breakdown
Residential
11,281
Single Family
9,737
Multi-Family
1,544
Businesses
330
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Listed by: Ana True • EXP REALTY, LLC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263620
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.