3017 Bellevue Ave · Bettendorf, IA 52722

$185,000

3 bd · 2.0 ba · 1,547 sqft · SingleFamily public records

Built 1950 6,098 sqft lot Est $235k · 21% under

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Why this score? — see what drove the C+ 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 +19.3/30.0
• ARV discount +15.0/15.0
• Schools +6.5/10.0
• DSCR +6.1/10.0
• 1% rule +5.1/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Three bedroom house with a 4th, non-conforming bedroom and two full baths. Hardwood floors, great natural light, worry-free aluminum siding and a fenced in yard. There is a family room off the kitchen and a fenced in yard. Updated windows. Some new paint. The primary suite upstairs has a walk-in closet and additional storage space. An oversized 2 car garage backs into the alley.

Key facts

• 6,098 sq ft lot
• 2 garage spots
• Built 1950

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $204 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Cap rate 7.6% 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.
• Bettendorf Community School District (suburban): math 74% / reading 75% proficiency, ranked #57 of 289 in IA (top 20%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Neil Armstrong Elementary School (math 57% / reading 62%, grade B-, #390 of 616 statewide, top 69%, 272 students, 52% FRL); Bettendorf Middle School (math 77% / reading 75%, grade A, #59 of 246 statewide, top 26%, 987 students, 32% FRL); Bettendorf High School (math 71% / reading 77%, grade B+, #103 of 336 statewide, top 32%, 1,482 students, 31% FRL).
• Market conditions: Rents rising (+2.9%/yr); 426 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $6k 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.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 13y 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.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $185,000

Questions for the listing agent

1. Built in 1950 — 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: 1.01% ✓
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $235,144
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
940 30th St	0.08mi	3/1.5	1,612 (+4%)	2mo	$220,000	$136	85
1019 31st St	0.07mi	3/2.5	1,481 (-4%)	12mo	$235,000	$159	77
1109 33rd St	0.16mi	3/2.0	1,666 (+8%)	11mo	$265,000	$159	70
2538 Bellevue Ave	0.37mi	3/2.0	1,400 (-10%)	2mo	$201,000	$144	65
1 Riverview Ln	0.22mi	3/1.0	1,352 (-13%)	8mo	$205,000	$152	58
723 31st St	0.22mi	3/1.5	1,376 (-11%)	15mo	$186,000	$135	57
1231 Devils Glen Rd	0.48mi	3/2.0	1,680 (+9%)	9mo	$287,000	$171	56
909 23rd St	0.52mi	4/1.0 (+1)	1,394 (-10%)	2mo	$90,000	$65	48
14 Riverview Ln	0.26mi	4/1.0 (+1)	1,377 (-11%)	15mo	$127,200	$92	48
1522 25th St	0.55mi	3/2.0	1,749 (+13%)	7mo	$284,900	$163	46
3370 Halcyon Dr Dr	0.73mi	4/3.0 (+1)	1,608 (+4%)	5mo	$372,500	$232	46
702 25th St	0.50mi	3/2.0	1,360 (-12%)	19mo	$175,000	$129	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: -9.1%
• Equity multiple: 0.67×
• Total profit: $-17,180
• Equity at exit: $27,584

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $946
• Equity at exit: $15,995

Cash invested: $51,800 (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: 8.3×

Monthly cashflow live

• Estimated rent: $1,860 high
• Mortgage (P&I): −$970
• Tax from tax record: −$218 /mo · $2,614/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $204

Break-even live

Break-even rent $1,601

Max offer price $185,000

Occupancy floor 84%

Sensitivity live

Price	-10% $309	-5% $257	+0% $204	+5% $152	+10% $99
Rent	-10% $57	-5% $131	+0% $204	+5% $278	+10% $351
Rate	-1.0pp $297	-0.5pp $251	base $204	+0.5pp $156	+1.0pp $107

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1156 Devils Glen Rd Bettendorf, IA	3.0	1.0–2.0	800	$1,790	$2.24	14d	9	0.32mi
2500 Grant St Unit 212 Bettendorf, IA	2.0	1.0	1304	$2,315	$1.78	44d	1	0.52mi
1414 Central Ave Bettendorf, IA	3.0	2.0	1295	$1,995	$1.54	44d	1	1.15mi
2900 River Dr Moline, IL	1.0–3.0	1.0–2.0	1137	$1,599	$1.41	22d	1	1.31mi
2900 Middle Rd Bettendorf, IA	1.0–3.0	1.0–2.0	996	$1,741	$1.75	14d	27	1.43mi

Listing history 25 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-22
   status Pending
4. 2026-01-20
   soldstatus $190,000
5. 2026-01-08
   status Pending
6. 2026-01-07
   soldstatus $190,000 Closed
7. 2026-01-07
   soldstatus $190,000 Closed
8. 2026-01-07
   soldstatus $190,000 Closed
9. 2026-01-07
   soldstatus $190,000 Closed
10. 2026-01-05
    historical
11. 2025-12-05
    status Pending
12. 2025-12-04
    historical
13. 2025-12-04
    historical
14. 2025-12-02
    price
15. 2025-11-17
    listed $185,000
16. 2025-11-17
    listed Active
17. 2024-10-25
    historical $1,375
18. 2024-10-11
    listed $1,375
19. 2021-08-06
    historical
20. 2021-08-06
    historical
21. 2020-03-26
    soldstatus $125,000
22. 2014-01-21
    soldstatus $91,100
23. 2014-01-21
    soldstatus $91,100
24. 2013-11-12
    listed $95,000
25. 2013-11-12
    listed $95,000

ⓘ 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: $2,614 · $218/mo
• Projected year-2 tax: $2,759 · $230/mo
• Expected delta: +$145/yr (+$12/mo · 5.6%)

ⓘ 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 · 17 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: $22,317
• − Mortgage interest: −$10,363
• − Property taxes: −$2,614
• − Insurance: −$925
• − Repairs & maintenance: −$1,785
• − Management: −$1,785
• − Depreciation: −$5,382
• Taxable loss: −$537
• Est. tax savings @ 24.0%: +$129
• After-tax cash flow: $2,579/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: Bettendorf Community School District
• NCES district ID: 1904860
• Math proficiency: 74% ▼ -6.00%
• Reading proficiency: 75% ▼ -2.00%
• Median HH income: $66,823
• Composite: 64.71/100
• National rank: #522
• State rank: #57 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

+100.0% since first listed

25 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
• 2026-01-20 Sold (Public Records) $190,000 Public Records
• 2026-01-08 Pending — MRED as Distributed by MLS Grid
• 2026-01-07 Sold (MLS) $190,000 MRED as Distributed by MLS Grid
• 2026-01-07 Sold (MLS) $190,000 MRED as Distributed by MLS Grid
• 2026-01-07 Sold (MLS) $190,000 MRED as Distributed by MLS Grid
• 2026-01-07 Sold (MLS) $190,000 MRED as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-05 Pending — RMLSA as Distributed by MLS Grid
• 2025-12-04 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-04 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-02 Price Changed — RMLSA as Distributed by MLS Grid
• 2025-11-17 Listed — RMLSA as Distributed by MLS Grid
• 2025-11-17 Listed $185,000 MRED as Distributed by MLS Grid
• 2024-10-25 Rental Removed $1,375 RMLSA
• 2024-10-11 Listed for Rent $1,375 RMLSA
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2020-03-26 Sold (Public Records) $125,000 Public Records
• 2014-01-21 Sold (MLS) $91,100 RMLSA as Distributed by MLS Grid
• 2014-01-21 Sold (MLS) $91,100 MRED as Distributed by MLS Grid
• 2013-11-12 Listed $95,000 RMLSA as Distributed by MLS Grid
• 2013-11-12 Listed $95,000 MRED as Distributed by MLS Grid

Property tax history

+2.6%/yr

Latest (2025): $2,614 · +5.2% YoY. Source: county tax records.