3766 Eastwood Ct · Bettendorf, IA 52722

$160,000

3 bd · 1.5 ba · 1,786 sqft · Townhouse public records

Built 1977

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.4/30.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• Schools +7.6/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

VERY NICE THREE BEDROOM CONDO WITH FINISHED LOWER LEVEL. LANDSCAPED & FENCED BACKYARD WITH PATIO. ASSOCIATION POOL AND TENNIS COURT. ON A QUIET 'NO OUTLET' STREET. SIDING NEW IN 2007. A/C NEW IN 2005 PER SELLER. NEW REAR FENCE IN 2008. FIREPLACE NOT WARRANTED.

Key facts

• Garage
• Built 1977

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $160k.

Deal economics

• At list price, monthly cash flow is $568 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Cap rate 10.6% vs local median 3.0% in Bettendorf — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#73 in IA, #1,579 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• Pleasant Valley Community School District (suburban): math 87% / reading 85% proficiency, ranked #5 of 289 in IA (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical; only 8% free/reduced lunch — higher-income household profile.
• Zoned schools: Pleasant Valley High School (math 83% / reading 87%, grade A, #12 of 336 statewide, top 4%, 1,658 students, 11% FRL) — zoned schools at 11% FRL track the district average.
• Market conditions: Rents rising (+2.9%/yr); 426 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 805 units permitted in Scott County in 2024 (479 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Scott County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $45k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $160,000

Questions for the listing agent

1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.34% ✓
• Cap rate: 10.55%
• Cash-on-cash: 15.22%
• DSCR: 1.68
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $360,772
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3075 Willowwood Dr	0.19mi	2/2.5 (-1)	1,752 (-2%)	4mo	$212,500	$121	76
3750 Eastwood Ct	0.01mi	2/2.5 (-1)	1,536 (-14%)	4mo	$248,000	$161	64
3970 Orchard Dr	0.49mi	3/2.5	1,850 (+4%)	4mo	$350,000	$189	64
3988 Partridge Cir	0.19mi	3/3.0	1,597 (-11%)	5mo	$310,000	$194	64
3826 Orchard Dr	0.48mi	3/2.5	1,850 (+4%)	6mo	$374,105	$202	63
3820 Orchard Dr	0.47mi	3/2.5	1,850 (+4%)	7mo	$361,770	$196	62
3814 Orchard Dr	0.47mi	3/2.5	1,850 (+4%)	7mo	$360,770	$195	62
3439 Maple Glen Dr	0.27mi	2/2.0 (-1)	1,629 (-9%)	7mo	$350,000	$215	60
3408 Crowne Pointe Cir	0.68mi	3/2.5	1,705 (-4%)	8mo	$427,000	$250	50
3463 Maple Glen Dr	0.35mi	2/3.0 (-1)	1,557 (-13%)	8mo	$325,000	$209	44
2525 Saint Johns Ct	0.62mi	3/2.5	1,618 (-9%)	11mo	$332,000	$205	42
2525 Eastberry Ct	0.70mi	4/3.5 (+1)	1,744 (-2%)	11mo	$367,900	$211	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.88% rent growth · sell at horizon

5-year hold

• IRR: 5.8%
• Equity multiple: 1.22×
• Total profit: $10,042
• Equity at exit: $23,857

10-year hold

• IRR: 15.1%
• Equity multiple: 2.22×
• Total profit: $54,460
• Equity at exit: $13,834

Cash invested: $44,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Iowa: 83 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; mostly landlord-friendly statewide.

Methodology + full state rankings →

ZIP-level market 52722

• Rents YoY: 2.9%
• Active inventory: 426
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,145 high
• Mortgage (P&I): −$839
• Tax from tax record: −$221 /mo · $2,648/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$450
• Net cashflow: $568

Break-even live

Break-even rent $1,426

Max offer price $160,000

Occupancy floor 69%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3060 Parkwild Dr Unit 1 Bettendorf, IA	3.0	2.5	1500	$2,100	$1.40	13d	1	0.21mi
3635 Tanglewood Rd Bettendorf, IA	3.0	2.5	1600	$2,295	$1.43	13d	1	0.34mi
3851 Tanglefoot Ln Bettendorf, IA	3.0–4.0	2.5–3.5	1800	$2,345	$1.30	13d	1	0.36mi
2900 Middle Rd Bettendorf, IA	1.0–3.0	1.0–2.0	996	$1,741	$1.75	13d	27	0.53mi
3939 53rd Ave Bettendorf, IA	3.0	1.0–2.0	951	$2,035	$2.14	13d	29	0.97mi
3129 Windsor Dr Bettendorf, IA	4.0	1.5	1440	$2,500	$1.74	21d	1	1.01mi
3054 Cherrywood Dr Unit 3054 Bettendorf, IA	3.0	3.5	1754	$2,800	$1.60	13d	1	1.04mi
5472 Devils Glen Rd Bettendorf, IA	1.0–3.0	1.0–3.0	1141	$2,085	$1.83	13d	2	1.20mi
5472 Devils Glen Rd Bettendorf, IA	2.0–3.0	2.0–3.0	1293	$2,085	$1.61	43d	2	1.20mi
5294 Pandit Dr Bettendorf, IA	3.0	3.5	2133	$2,900	$1.36	43d	1	1.21mi
5101 Lakeview Pkwy Davenport, IA	3.0–4.0	2.5–3.5	1800	$2,370	$1.32	13d	6	1.26mi
4833 Lauren Ln Bettendorf, IA	2.0	2.5	1575	$2,100	$1.33	43d	1	1.38mi
5320 Addyson Dr Bettendorf, IA	3.0	3.0	2300	$2,950	$1.28	43d	1	1.50mi

Listing history 20 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-22
   status Pending
4. 2026-04-17
   soldstatus $155,000
5. 2026-02-13
   soldstatus $155,000 Closed
6. 2026-02-13
   soldstatus $155,000 Closed
7. 2026-02-13
   soldstatus $155,000 Closed
8. 2026-02-13
   soldstatus $155,000 Closed
9. 2026-01-08
   status Pending
10. 2026-01-05
    historical
11. 2025-12-16
    status Pending
12. 2025-12-08
    historical
13. 2025-12-08
    historical
14. 2025-12-03
    listed $160,000
15. 2025-12-03
    listed Active
16. 2009-04-09
    soldstatus $102,500
17. 2009-04-06
    soldstatus $102,500 264-char remark

    Show marketing remark (264 chars)

    VERY NICE THREE BEDROOM CONDO WITH FINISHED LOWER LEVEL. LANDSCAPED & FENCED BACKYARD WITH PATIO. ASSOCIATION POOL AND TENNIS COURT. ON A QUIET 'NO OUTLET' STREET. SIDING NEW IN 2007. A/C NEW IN 2005 PER SELLER. NEW REAR FENCE IN 2008. FIREPLACE NOT WARRANTED.

18. 2009-04-06
    soldstatus $102,500 264-char remark

    Show marketing remark (264 chars)

    VERY NICE THREE BEDROOM CONDO WITH FINISHED LOWER LEVEL. LANDSCAPED & FENCED BACKYARD WITH PATIO. ASSOCIATION POOL AND TENNIS COURT. ON A QUIET 'NO OUTLET' STREET. SIDING NEW IN 2007. A/C NEW IN 2005 PER SELLER. NEW REAR FENCE IN 2008. FIREPLACE NOT WARRANTED.

19. 2008-03-03
    listed $114,900 264-char remark

    Show marketing remark (264 chars)

    VERY NICE THREE BEDROOM CONDO WITH FINISHED LOWER LEVEL. LANDSCAPED & FENCED BACKYARD WITH PATIO. ASSOCIATION POOL AND TENNIS COURT. ON A QUIET 'NO OUTLET' STREET. SIDING NEW IN 2007. A/C NEW IN 2005 PER SELLER. NEW REAR FENCE IN 2008. FIREPLACE NOT WARRANTED.

20. 2008-03-03
    listed $114,900 264-char remark

    Show marketing remark (264 chars)

    VERY NICE THREE BEDROOM CONDO WITH FINISHED LOWER LEVEL. LANDSCAPED & FENCED BACKYARD WITH PATIO. ASSOCIATION POOL AND TENNIS COURT. ON A QUIET 'NO OUTLET' STREET. SIDING NEW IN 2007. A/C NEW IN 2005 PER SELLER. NEW REAR FENCE IN 2008. FIREPLACE NOT WARRANTED.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IA · Partial reset (capped growth)

• Current annual tax: $2,648 · $221/mo
• Projected year-2 tax: $2,648 · $221/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,739
• − Mortgage interest: −$8,962
• − Property taxes: −$2,648
• − Insurance: −$800
• − Repairs & maintenance: −$2,059
• − Management: −$2,059
• − Depreciation: −$4,655
• Taxable income: $4,556
• Est. tax owed @ 24.0%: −$1,093
• After-tax cash flow: $5,724/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pleasant Valley Community School District
• NCES district ID: 1923110
• Math proficiency: 87% ▼ -4.00%
• Reading proficiency: 85% ▼ -2.00%
• Median HH income: $80,716
• Composite: 75.59/100
• National rank: #130
• State rank: #5 of 289 in IA

Livability — Bettendorf

• Score: 81/100
• State rank: #73
• US rank: #1579

Category grades

Amenities F Commute F Cost of living A Crime A+ Employment A+ Housing A+ Health & safety A User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bettendorf, IA
• County: Scott County · 144,583 people
• City population: 41,264
• Metro: Davenport-Moline-Rock Island, IA-IL
• Population (ZIP): 41,264
• Household income: $101,546
• Rent vs Own: 24.2% rent · 75.8% own
• Severe rent burden: 935.0

Population outlook (Scott County) Hauer SSP2

• Today (2025): 188,878 people
• By 2030: 196,648 · +4.1%
• By 2040: 210,860 · +11.6%
• By 2050: 224,359 · +18.8%
• By 2075: 258,884 · +37.1%
• By 2100: 286,447 · +51.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Asian 7% Two or more races 7% Hispanic / Latino 5% Black 2%
• Common ancestry: Portuguese 3% Italian 3% Romanian 2%
• Foreign-born: 7% · Canada, China, Vietnam
• Languages at home: 92% English-only · Other Asian/Pacific 2% Spanish 2% Other Indo-European 1%

Political lean MEDSL · Scott

• 2024 margin: Toss-up / Even · D 47.3% · R 51.2% · Other 1.4%
• 2008→2024 swing: -18.4pp toward R · 2008: 14.6pp · 2024: -3.9pp
• All cycles: 2024: R+3.9 2020: D+3.5 2016: D+1.4 2012: D+13.8 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.45%
• Current HPI: 194.8355
• Rent YoY: ▲ 2.88%
• Metro: Davenport-Moline-Rock Island, IA-IL
• State GDP YoY: ▲ 2.48%
• F500 in state: 4

Industry mix (Fortune 500 HQ in IA)

Industry	F500 HQs	Revenue
▸Financial Services	1	$16B
▸Retail / Convenience	1	$15B

Price history

+34.9% since first listed

20 events — show timeline

• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-22 Pending — MRED as Distributed by MLS Grid
• 2026-04-17 Sold (Public Records) $155,000 Public Records
• 2026-02-13 Sold (MLS) $155,000 MRED as Distributed by MLS Grid
• 2026-02-13 Sold (MLS) $155,000 MRED as Distributed by MLS Grid
• 2026-02-13 Sold (MLS) $155,000 MRED as Distributed by MLS Grid
• 2026-02-13 Sold (MLS) $155,000 MRED as Distributed by MLS Grid
• 2026-01-08 Pending — MRED as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-16 Pending — RMLSA as Distributed by MLS Grid
• 2025-12-08 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-08 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-03 Listed — RMLSA as Distributed by MLS Grid
• 2025-12-03 Listed $160,000 MRED as Distributed by MLS Grid
• 2009-04-09 Sold (Public Records) $102,500 Public Records
• 2009-04-06 Sold (MLS) $102,500 RMLSA as Distributed by MLS Grid
• 2009-04-06 Sold (MLS) $102,500 MRED as Distributed by MLS Grid
• 2008-03-03 Listed $114,900 RMLSA as Distributed by MLS Grid
• 2008-03-03 Listed $114,900 MRED as Distributed by MLS Grid

Property tax history

+2.3%/yr

Latest (2025): $2,648 · -5.1% YoY. Source: county tax records.