Is Davenport, IA a good place to invest in rental property?

Davenport, IA has a median modeled monthly cash flow of $-323 and a median cap rate of 4.4%, on a median sold price of $191,700. Prices changed +8.3% year over year.

What is the average cap rate in Davenport, IA?

The median cap rate across recently sold homes in Davenport, IA is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Davenport, IA?

The median sold price in Davenport, IA is $191,700 (about $143 per square foot).

Investing in Davenport, IA Real Estate

A data-driven snapshot of the Davenport, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$191,700Median sold price

$143Median $/sqft

4.4%Median cap rate

$-323Modeled cash flow / mo

+8.3%Appreciation YoY

6.0Months of supply

676Active listings

1,348Sold (last 12 mo)

What the Davenport numbers say

In Davenport, IA, the median home sold for $191,700 (about $143 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-323 of monthly cash flow. Sold prices moved +8.3% over the past year. Inventory sits at about 6.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Davenport cash-flowing listings

CashFlowRE ranks every for-sale home in Davenport, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Davenport deals, or browse the national market data.