Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Davenport at 932 Minnie Ave, Davenport, IA, 52802 priced at $160,000 converts $1,228/mo rent into $182/mo cash flow after a $783/mo obligation. Total monthly income equals $1,228/mo, and annual cash flow totals $2,188/yr on $53,040 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 9.21% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 125.48% and total cumulative return in cash sums $66,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,228/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52802, Davenport, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 2,363 (50.4%) |
| Renter Occupied HU | 1,717 (36.6%) |
| Vacant Housing Units | 613 (13.1%) |
| Median Home Value | $87,477 |
| Average Home Value | $161,155 |
Residential
4,007
Single Family
3,914
Multi-Family
93
Businesses
345
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $160,000 |
| 2008-07-31 | Sold | $88,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-23 | $2512.00 | 1.87% | $144,000 | N/A |
| 2023-03-23 | $2466.00 | -0.48% | $144,000 | 24.70% |
| 2022-03-23 | $2478.00 | 1.31% | $115,480 | N/A |
Listed by: Sheri Mason • Mel Foster Co. Davenport
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261371
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.
