227 S 14th St · Le Claire, IA 52753

$124,900

2 bd · 1.0 ba · 1,184 sqft · SingleFamily public records · 2 Days on market

Built 1959 8,276 sqft lot Est $233k · 46% under

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +7.6/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This charming 2-bedroom, 1-bath home offers the convenience of one-level living in highly desirable Le Claire, Iowa. Step inside to find an eat in kitchen, large living room, 2 nice sized bedrooms, main floor laundry and a spacious family room perfect for relaxing or entertaining. The updated bathroom features a beautiful walk-in shower. Outside, enjoy the private patio area ideal for morning coffee or summer evenings, plus a detached 2-car garage offering plenty of storage and parking. Nice corner lot and conveniently located near shopping, dining, parks, and everything Le Claire has to offer, this home combines comfort, convenience, and charm in one attractive package. Don't miss your opp

Key facts

• Eat in kitchen
• Main floor laundry
• Private patio area

Tags

• ONE LEVEL LIVING
• EAT IN KITCHEN
• MAIN FLOOR LAUNDRY
• SPACIOUS FAMILY ROOM
• WALK IN SHOWER
• PRIVATE PATIO AREA

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Parking: Detached garage with garage door opener (2 garage spaces, 2 total parking spaces); Garage owned
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story
• Construction: Wood siding exterior; Asphalt roof; Concrete perimeter foundation; Built approximately 61–70 years ago; Built before 1978
• Exterior features: Patio; Corner, level lot

Interior

• Kitchen: Eating area / table space; Electric oven; Range; Refrigerator; Portable dishwasher
• Bedrooms: Two bedrooms (both on main level); Primary bedroom on main level, carpeted (approx. 11 x 10); Second bedroom on main level, carpeted (approx. 8 x 13)
• Flooring: Carpeted living areas and bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Five total rooms; Main-level living areas
• Laundry & utility: Main-level laundry (in unit and common area accessible); Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $125k).
• Cap rate 18.6% vs local median 4.6% in Le Claire — 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 74/100 on livability (#256 in IA, #4,947 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A+; Watch: amenities F, commute F, health & safety 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.
• Market conditions: 80 active listings in the ZIP; 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 $864 of loan paydown is wiped out by about $4k 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 $35k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1959 — 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: 2.17% ✓
• Cap rate: 18.57%
• Cash-on-cash: 43.85%
• DSCR: 2.95
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $233,248
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
321 S 14th St	0.06mi	2/1.0	1,176 (-1%)	14mo	$150,000	$128	85
201 S 12th St	0.14mi	3/2.0 (+1)	1,176 (-1%)	14mo	$250,000	$213	72
1208 Jones St	0.21mi	3/2.0 (+1)	1,090 (-8%)	4mo	$215,000	$197	65
1124 Jones St	0.22mi	3/1.0 (+1)	1,204 (+2%)	21mo	$195,000	$162	64
1305 Wisconsin St	0.15mi	3/2.0 (+1)	1,309 (+11%)	3mo	$241,500	$184	64
814 Jones St	0.40mi	3/2.0 (+1)	1,077 (-9%)	0mo	$320,000	$297	57
500 May St	0.62mi	3/1.5 (+1)	1,152 (-3%)	6mo	$250,000	$217	54
648 Mississippi Ter	0.51mi	2/2.0	1,263 (+7%)	20mo	$245,000	$194	45
723 Dodge St	0.41mi	3/1.0 (+1)	1,062 (-10%)	21mo	$222,000	$209	41
725 Cox Ct	0.50mi	2/2.5	1,352 (+14%)	10mo	$215,000	$159	39

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: 40.8%
• Equity multiple: 2.75×
• Total profit: $61,196
• Equity at exit: $18,623

10-year hold

• IRR: 47.1%
• Equity multiple: 5.53×
• Total profit: $158,259
• Equity at exit: $10,799

Cash invested: $34,972 (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 52753

• Home prices YoY: -31.0%
• Active inventory: 80
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $2,708 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$154 /mo · $1,854/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$569
• Net cashflow: $1,278

Break-even live

Break-even rent $1,091

Max offer price $124,900

Occupancy floor 48%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-15
   status $124,900 Pending 2 DOM
2. 2026-06-15
   days on market $124,900 Active 2 DOM
3. 2026-06-14
   remarks 699-char remark
4. 2026-06-14
   listed $124,900 Active 1 DOM

ⓘ 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: $1,854 · $154/mo
• Projected year-2 tax: $1,907 · $159/mo
• Expected delta: +$53/yr (+$4/mo · 2.9%)

ⓘ 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 ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,499
• − Mortgage interest: −$6,996
• − Property taxes: −$1,854
• − Insurance: −$624
• − Repairs & maintenance: −$2,600
• − Management: −$2,600
• − Depreciation: −$3,633
• Taxable income: $14,191
• Est. tax owed @ 24.0%: −$3,406
• After-tax cash flow: $11,930/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 — Le Claire

• Score: 74/100
• State rank: #256
• US rank: #4947

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Le Claire, IA
• Population (ZIP): 6,111

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 (91%)
• Race & ethnicity: White 91% Two or more races 5% Asian 2% Hispanic / Latino 1%
• Common ancestry: Serbian 3% Italian 3% Slovak 2%
• Foreign-born: 0% · Canada
• Languages at home: 99% English-only · Spanish 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: ▼ -91.47%
• Current HPI: 203.798
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-06-13 Listed $124,900 MRED as Distributed by MLS Grid

Property tax history

+2.1%/yr

Latest (2025): $1,854 · -1.3% YoY. Source: county tax records.