1436 W 12th St · Davenport, IA 52804

$120,000

2 bd · 1.0 ba · 1,605 sqft · SingleFamily public records · 4 Days on market

Built 1918 5,227 sqft lot Est $165k · 27% under

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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 +25.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.2/10.0
• 1% rule +6.3/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Why rent when you can own? This updated 3 bed, 1 bath gives you more than you'd expect at this price point. Featuring a remodeled kitchen (2021), updated bath (2022), newer flooring, fresh paint, exterior doors, and a spacious dining area built for everyday living. The finished 1-car garage adds flexibility for parking, projects, storage, or your own retreat-with major updates completed in 2024 including roof sheathing, insulation, and electrical. Plus a new concrete pathway (2026). Affordable, functional, and packed with value. A strong alternative to renting with room to make your own.

Key facts

• Updated bath
• Newer flooring
• Fresh paint

Tags

• REMODELED KITCHEN
• UPDATED BATH
• NEWER FLOORING
• FRESH PAINT
• EXTERIOR DOORS
• SPACIOUS DINING AREA

Property features AI

Finance

• Other: Property assessed using assessor's living area source; Below-grade finished area present
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage; Garage owned with side driveway; Space for 1 vehicle (1 garage space, 1 parking total)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; 1.5-story; Fee simple ownership; Built over 100 years ago; Asphalt roof
• Construction: Vinyl siding; Other type foundation
• Exterior features: Level lot; Lot dimensions approximately 150 x 34

Interior

• Kitchen: Updated kitchen; Range; Range hood; Refrigerator
• Bedrooms: 3 bedrooms (including master on main level; additional bedrooms on second level)
• Flooring: Laminate flooring in several bedrooms and master; Vinyl flooring in living room, dining room and kitchen
• Bathrooms: 1 full bathroom (no tub)
• Heating & cooling: Natural gas heating; Central air with zoned cooling
• Interior features: 6 total rooms; Unfinished partial basement
• Laundry & utility: Laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $266 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Cap rate 9.0% 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.
• Zoned schools: Jefferson Elementary School (math 21% / reading 24%, grade F, #615 of 616 statewide, top 100%, 460 students, 71% FRL); Central High School (math 45% / reading 64%, grade C-, #290 of 336 statewide, top 87%, 1,505 students, 47% FRL) — zoned schools at 59% FRL track the district average.
• Market conditions: Rents rising (+4.0%/yr); 161 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $830 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 + 4.0% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 22y 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 $68k; list at $120k implies a 76% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $120,000

Questions for the listing agent

1. Built in 1918 — 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: 1.13% ✓
• Cap rate: 8.95%
• Cash-on-cash: 9.50%
• DSCR: 1.42
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $165,315
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1527 N Division St	0.39mi	3/1.5 (+1)	1,558 (-3%)	1mo	$185,000	$119	69
1121 W 15th St	0.36mi	3/1.5 (+1)	1,699 (+6%)	1mo	$129,000	$76	66
617 Warren St	0.63mi	3/1.0 (+1)	1,565 (-2%)	1mo	$85,000	$54	60
1734 N Howell St	0.64mi	3/1.0 (+1)	1,657 (+3%)	2mo	$197,000	$119	58
1854 W 8th St	0.49mi	3/1.0 (+1)	1,417 (-12%)	2mo	$49,500	$35	51
727 W 11th St	0.59mi	3/1.0 (+1)	1,428 (-11%)	1mo	$65,000	$46	48
2128 N Sturdevant St	0.69mi	3/2.0 (+1)	1,514 (-6%)	2mo	$167,900	$111	48
1627 W High St	0.64mi	3/1.5 (+1)	1,466 (-9%)	4mo	$200,000	$136	46
2036 Davie St	0.71mi	2/1.5	1,411 (-12%)	4mo	$108,500	$77	42
734 W 17th St	0.69mi	3/1.0 (+1)	1,389 (-14%)	2mo	$138,000	$99	39
813 W Locust St	0.69mi	3/1.5 (+1)	1,839 (+15%)	1mo	$190,000	$103	36
1517 W Lombard St	0.68mi	3/3.0 (+1)	1,838 (+14%)	6mo	$280,000	$152	26

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 · 3.99% rent growth · sell at horizon

5-year hold

• IRR: -0.9%
• Equity multiple: 0.97×
• Total profit: $-1,143
• Equity at exit: $17,892

10-year hold

• IRR: 9.8%
• Equity multiple: 1.79×
• Total profit: $26,525
• Equity at exit: $10,375

Cash invested: $33,600 (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 52804

• Home prices YoY: -25.3%
• Rents YoY: 4.0%
• Active inventory: 161
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,352 high
• Mortgage (P&I): −$629
• Tax from tax record: −$123 /mo · $1,472/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $266

Break-even live

Break-even rent $1,015

Max offer price $120,000

Occupancy floor 75%

Sensitivity live

Price	-10% $334	-5% $300	+0% $266	+5% $232	+10% $198
Rent	-10% $159	-5% $213	+0% $266	+5% $319	+10% $373
Rate	-1.0pp $326	-0.5pp $296	base $266	+0.5pp $235	+1.0pp $203

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	44d	1	0.46mi
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	44d	1	0.56mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	22d	1	0.57mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	44d	1	0.75mi
1519 N Ripley St Davenport, IA	2.0	1.0	1144	$1,100	$0.96	14d	1	0.91mi
1421 N Main St #2 Davenport, IA	3.0	1.0	1350	$1,095	$0.81	44d	1	1.04mi
119 E 13th St Davenport, IA	3.0	1.0	1728	$1,495	$0.87	44d	1	1.13mi
427 N Brady St Unit 1 Davenport, IA	3.0	1.5	1126	$1,359	$1.21	44d	1	1.23mi
401 Brady St Davenport, IA	1.0–3.0	1.0–2.0	870	$1,625	$1.87	14d	2	1.24mi
212 N Brady St Davenport, IA	2.0–3.0	2.0–3.0	1428	$1,900	$1.33	14d	4	1.28mi
317 Kirkwood Blvd Davenport, IA	2.0	1.0	1300	$950	$0.73	44d	1	1.30mi
200 E 3rd St Davenport, IA	1.0–2.0	1.0–2.0	900	$1,700	$1.89	14d	2	1.34mi
511 Pershing Ave Unit 407W Davenport, IA	2.0	2.0	1175	$1,568	$1.33	44d	1	1.34mi
511 Pershing Ave Unit 101W Davenport, IA	2.0	1.0	1280	$1,704	$1.33	44d	1	1.34mi
511 Pershing Ave Unit 102W Davenport, IA	2.0	1.0	1173	$1,506	$1.28	44d	1	1.34mi
511 Pershing Ave Unit 301E Davenport, IA	3.0	2.0	1429	$2,126	$1.49	44d	1	1.34mi
511 Pershing Ave Unit 402W Davenport, IA	2.0	2.0	1106	$1,478	$1.34	44d	1	1.34mi
511 Pershing Ave Unit 105E Davenport, IA	2.0	2.0	1100	$1,635	$1.49	44d	1	1.34mi
511 Pershing Ave Unit 106E Davenport, IA	3.0	2.0	1349	$1,996	$1.48	44d	1	1.34mi
511 Pershing Ave Unit 202W Davenport, IA	2.0	1.0	1201	$1,601	$1.33	44d	1	1.34mi
427 Pershing Ave Davenport, IA	3.0	2.0	1438	$2,288	$1.59	14d	3	1.37mi
510 S Lincoln Ave Davenport, IA	2.0	1.0	1184	$1,195	$1.01	22d	1	1.38mi
324 S Brady St Davenport, IA	1.0–2.0	1.0–2.0	965	$1,700	$1.76	22d	2	1.42mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	14d	1	1.46mi
2224 Iowa St Unit 2224 Davenport, IA	2.0	1.0	1214	$925	$0.76	44d	1	1.46mi
2224 Iowa St Davenport, IA	2.0	1.0	1214	$895	$0.74	44d	1	1.46mi

Listing history 11 events

1. 2026-06-01
   statusdays on market $120,000 Pending 4 DOM
2. 2026-05-31
   days on market $120,000 Active 3 DOM
3. 2026-05-30
   days on market $120,000 Active 2 DOM
4. 2026-05-28
   listed $120,000 Active
5. 2021-08-06
   historical
6. 2005-09-16
   soldstatus $68,000
7. 2005-09-15
   soldstatus $68,500
8. 2005-07-18
   historical
9. 2005-07-05
   listed $64,900
10. 2005-02-08
    soldstatus $22,500
11. 2004-11-29
    listed $26,000

ⓘ 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: $1,472 · $123/mo
• Projected year-2 tax: $1,678 · $140/mo
• Expected delta: +$206/yr (+$17/mo · 14.0%)

ⓘ 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: $16,222
• − Mortgage interest: −$6,722
• − Property taxes: −$1,472
• − Insurance: −$600
• − Repairs & maintenance: −$1,298
• − Management: −$1,298
• − Depreciation: −$3,491
• Taxable income: $1,341
• Est. tax owed @ 24.0%: −$322
• After-tax cash flow: $2,870/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): 26,835
• Household income: $65,849
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 830.0

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% Black 10% Hispanic / Latino 10% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Iranian 2% Romanian 2% Portuguese 1%
• Foreign-born: 4% · Canada, China, Vietnam
• Languages at home: 94% English-only · Spanish 3% Russian/Polish/Slavic 1% Chinese 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: ▼ -66.50%
• Current HPI: 196.2267
• Rent YoY: ▲ 3.99%
• 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

+361.5% since first listed

8 events — show timeline

• 2026-05-28 Listed $120,000 MRED as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2005-09-16 Sold (Public Records) $68,000 Public Records
• 2005-09-15 Sold (MLS) $68,500 RMLSA as Distributed by MLS Grid
• 2005-07-18 Listing Removed — MRED as Distributed by MLS Grid
• 2005-07-05 Listed $64,900 RMLSA as Distributed by MLS Grid
• 2005-02-08 Sold (MLS) $22,500 RMLSA as Distributed by MLS Grid
• 2004-11-29 Listed $26,000 RMLSA as Distributed by MLS Grid

Property tax history

+1.1%/yr

Latest (2025): $1,472 · -12.0% YoY. Source: county tax records.