1445 W 7th St · Davenport, IA 52802

$20,000

1 bd · 1.0 ba · 517 sqft · SingleFamily public records

Built 1900 5,152 sqft lot Est $14k · 43% over ↓ 53% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

One bedroom bungalow with screened porch and large backyard. There is a lot of potential is this little gift. Add a bit of TLC and watch it come to life. Good things come in small packages, so check this one out and you just might want to take immediate ownership.

Key facts

• 5,152 sq ft lot
• Built 1900

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $20k.

Deal economics

• At list price, monthly cash flow is $427 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($715 rent vs $20k).
• Cap rate 31.9% vs local median 4.4% in Davenport — 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 79/100 on livability (#126 in IA, #2,312 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime F.
• Davenport Community School District (urban): math 43% / reading 50% proficiency, ranked #288 of 289 in IA (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 68 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% of comp listings sitting > 30 days — soft ceiling on asking rent; 805 units permitted in Scott County in 2024 (479 in 5+ unit buildings).
• This rent is only 16% of the median local income ($54k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $600 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 + 3.0% rent growth), your $6k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 4y 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.
• Current owner paid $14k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $20,000

Questions for the listing agent

1. Built in 1900 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 3.58% ✓
• Cap rate: 31.91%
• Cash-on-cash: 91.48%
• DSCR: 5.07
• GRM: 2.3

CMA / ARV

• ARV (on-the-fly): $13,959
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1445 W 7th St	0.00mi	1/1.0	517 (0%)	4mo	$14,000	$27	97

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 92.2%
• Equity multiple: 5.28×
• Total profit: $23,960
• Equity at exit: $2,982

10-year hold

• IRR: 95.1%
• Equity multiple: 10.99×
• Total profit: $55,920
• Equity at exit: $1,729

Cash invested: $5,600 (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 52802

• Home prices YoY: -28.3%
• Active inventory: 68
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $715 high
• Mortgage (P&I): −$105
• Tax est. 1.5%: −$25 /mo · $300/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$150
• Net cashflow: $427

Break-even live

Break-even rent $175

Max offer price $20,000

Occupancy floor 35%

Sensitivity live

Price	-10% $441	-5% $434	+0% $427	+5% $420	+10% $413
Rent	-10% $370	-5% $399	+0% $427	+5% $455	+10% $483
Rate	-1.0pp $437	-0.5pp $432	base $427	+0.5pp $422	+1.0pp $416

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: $5,000
• Closing costs: $600
• Reserves months: —
• Total cash needed: —

Rent comps 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1607 W 12th St Davenport, IA	—	1.0	400	$495	$1.24	14d	2	0.26mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$660	$0.82	44d	3	0.26mi
1607 W 12th St Davenport, IA	—	1.0	400	$550	$1.38	21d	1	0.26mi
501 N Marquette St Unit 501-3 Davenport, IA	1.0	1.0	494	$729	$1.48	44d	1	0.32mi
1128 W 5th St Unit 1128-1 Davenport, IA	1.0	1.0	494	$729	$1.48	44d	1	0.33mi
1212 W 3rd St Unit 1-101 Davenport, IA	1.0	1.0	585	$729	$1.25	44d	1	0.37mi
1436 W 15th St Unit 1438 1/2 Davenport, IA	1.0	1.0	699	$695	$0.99	44d	1	0.55mi
804 W 7th St Apt 2W Davenport, IA	1.0	1.0	500	$650	$1.30	44d	1	0.58mi
1622 Washington St Unit 4 Davenport, IA	1.0	1.0	530	$875	$1.65	44d	1	0.66mi
816 W 2nd St Unit 4 Davenport, IA	1.0	1.0	350	$655	$1.87	44d	1	0.68mi
816 W 2nd St Unit 5 Davenport, IA	1.0	1.0	350	$645	$1.84	44d	1	0.68mi
604 W 3rd St Unit 5B Davenport, IA	1.0	1.0	475	$700	$1.47	21d	1	0.79mi
1011 W Locust St Unit 2 Davenport, IA	—	1.0	650	$650	$1.00	44d	1	0.87mi
1011 W Locust St Apt 1 Davenport, IA	1.0	1.0	750	$675	$0.90	44d	1	0.87mi
432 W 3rd St Apt 7 Davenport, IA	—	1.0	495	$625	$1.26	21d	1	0.89mi
229 Scott St Apt 33 Davenport, IA	—	1.0	450	$540	$1.20	44d	1	0.91mi
524 Lincoln Ct Unit 2 Davenport, IA	1.0	1.0	600	$850	$1.42	21d	1	0.91mi
619 W 16th St Unit 4 Davenport, IA	1.0	1.0	700	$745	$1.06	44d	1	0.95mi
902 N Harrison St Apt 2 Davenport, IA	—	1.0	500	$675	$1.35	14d	1	0.98mi
317 W 3rd St Davenport, IA	1.0	1.0	600	$900	$1.50	44d	1	1.00mi
230 W 3rd St Unit 403 Davenport, IA	—	1.0	575	$795	$1.38	21d	1	1.06mi
108 W 5th St Unit 5 Davenport, IA	1.0	1.0	737	$875	$1.19	44d	1	1.12mi
401 Brady St Davenport, IA	1.0–3.0	1.0–2.0	870	$1,150	$1.32	14d	2	1.17mi
1202 N Brady St #1 Davenport, IA	1.0	1.0	500	$750	$1.50	44d	1	1.17mi
106 E 3rd St Davenport, IA	1.0–2.0	1.0	812	$999	$1.23	44d	1	1.19mi
200 E 3rd St Davenport, IA	1.0–2.0	1.0–2.0	900	$1,600	$1.78	14d	2	1.27mi
1606 Brady St Davenport, IA	1.0	1.0	487	$1,145	$2.35	21d	3	1.27mi
321 E 7th St Davenport, IA	1.0–2.0	1.0	825	$895	$1.08	14d	4	1.34mi
411 E 8th St Davenport, IA	2.0	1.0	600	$750	$1.25	44d	1	1.39mi
402 E 4th St Davenport, IA	1.0–2.0	1.0	805	$1,068	$1.33	14d	1	1.39mi
402 E 4th St Davenport, IA	1.0–2.0	1.0	749	$968	$1.29	44d	2	1.39mi
919 Leclaire St Unit 1-2 Davenport, IA	2.0	1.0	519	$900	$1.73	14d	1	1.46mi

Listing history 18 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-22
   status Pending
4. 2026-02-18
   soldstatus $14,000 Closed
5. 2026-02-18
   soldstatus $14,000 Closed
6. 2026-02-18
   soldstatus $14,000 Closed
7. 2026-02-18
   soldstatus $14,000 Closed
8. 2025-12-09
   status Pending
9. 2025-12-08
   historical
10. 2025-12-08
    historical
11. 2025-10-29
    listed $20,000
12. 2025-10-29
    listed Active
13. 2022-09-01
    historical
14. 2022-09-01
    historical
15. 2022-02-15
    listed Active
16. 2021-08-06
    historical
17. 2016-03-01
    soldstatus $29,900
18. 2011-03-16
    soldstatus $30,000

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

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: $8,584
• − Mortgage interest: −$1,120
• − Property taxes: −$300
• − Insurance: −$100
• − Repairs & maintenance: −$687
• − Management: −$687
• − Depreciation: −$582
• Taxable income: $5,109
• Est. tax owed @ 24.0%: −$1,226
• After-tax cash flow: $3,897/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: Davenport Community School District
• NCES district ID: 1908580
• Math proficiency: 43% ▼ -11.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $46,157
• Composite: 39.49/100
• National rank: #3951
• State rank: #288 of 289 in IA

Livability — Davenport

• Score: 79/100
• State rank: #126
• US rank: #2312

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Davenport, IA
• County: Scott County · 144,583 people
• City population: 103,319
• Metro: Davenport-Moline-Rock Island, IA-IL
• Population (ZIP): 9,466
• Household income: $54,380
• Rent vs Own: 29.4% rent · 70.6% own
• Severe rent burden: 244.0

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 (71%)
• Race & ethnicity: White 71% Hispanic / Latino 14% Two or more races 10% Black 5% Asian 1%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Romanian 2% Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 7%

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: ▼ -59.59%
• Current HPI: 151.2076
• Rent YoY: —
• 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

-53.3% since first listed

18 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
• 2026-02-18 Sold (MLS) $14,000 MRED as Distributed by MLS Grid
• 2026-02-18 Sold (MLS) $14,000 MRED as Distributed by MLS Grid
• 2026-02-18 Sold (MLS) $14,000 MRED as Distributed by MLS Grid
• 2026-02-18 Sold (MLS) $14,000 MRED as Distributed by MLS Grid
• 2025-12-09 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
• 2025-10-29 Listed — RMLSA as Distributed by MLS Grid
• 2025-10-29 Listed $20,000 MRED as Distributed by MLS Grid
• 2022-09-01 Listing Removed — RMLSA as Distributed by MLS Grid
• 2022-09-01 Listing Removed — MRED as Distributed by MLS Grid
• 2022-02-15 Listed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2016-03-01 Sold (Public Records) $29,900 Public Records
• 2011-03-16 Sold (Public Records) $30,000 Public Records

Property tax history

+9.7%/yr

Latest (2025): $1,805 · +48.6% YoY. Source: county tax records.