1549 W 14th St · Davenport, IA 52804

$119,900

4 bd · 2.0 ba · 1,816 sqft · SingleFamily public records · 9 Days on market

Built 1910 0.25 ac lot Est $156k · 23% 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 +24.7/30.0
• ARV discount +15.0/15.0
• DSCR +8.0/10.0
• 1% rule +7.1/10.0
• 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

GREAT investment potential!! This home has SO MUCH to offer! FOUR large bedrooms, two full baths, TWO car garage, and a DOUBLE LOT! Lots of parking availability with a basketball hoop cemented in on the additional concrete parking spaces. New roof put on house in 2020 and new furnace in 2023. House is still in need of a good amount of TLC and NOT move in ready. Will need some repairs. Being sold in "AS IS, WHERE IS" condition.

Key facts

• New furnace
• Double lot
• Investment potential

Tags

• INVESTMENT POTENTIAL
• DOUBLE LOT
• BASKETBALL HOOP
• NEW ROOF
• NEW FURNACE

Property features AI

Finance

• Other: Directions: Division Street to 14th Street to property
• HOA & community: No master association fee required

Exterior

• Parking: Two garage spaces (detached); Owned garage; Concrete surfaces; Off-street parking with alley access; Total capacity for about six vehicles
• Utilities: Public water; Public sewer; Electric service with circuit breakers
• Home design: Detached single-family home; 1.5-story design; Fee simple ownership; Property not currently leased; Over 100 years old; Asphalt roof
• Construction: Aluminum siding; Foundation: other; Built before 1978
• Exterior features: Level lot; Lot dimensions approximately 73 x 151; Quarter-acre-ish lot (.25-.49 acre); Sidewalks and paved streets

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: Four bedrooms (master bedroom on the main level; three additional bedrooms on the second level)
• Flooring: Carpet in living areas and most bedrooms; Laminate flooring in dining room and kitchen; Other flooring in basement laundry
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: First-floor bedroom and first-floor full bathroom; Separate dining room; Unfinished partial basement; Drapes on windows; Seven total rooms
• Laundry & utility: Basement laundry room; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $250 ($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 8.8% 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: Rents rising (+4.0%/yr); 161 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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 $829 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 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 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 $60k; list at $120k implies a 100% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $119,900

Questions for the listing agent

1. Built in 1910 — 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: 1.21% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.92%
• DSCR: 1.40
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $156,176
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1321 W 13th St St	0.32mi	4/1.0	1,808 (-0%)	4mo	$86,500	$48	77
1604 N Division St	0.24mi	5/2.0 (+1)	1,917 (+6%)	3mo	$174,000	$91	72
1121 W 15th St	0.45mi	3/1.5 (-1)	1,699 (-6%)	1mo	$129,000	$76	61
1527 N Division St	0.20mi	3/1.5 (-1)	1,558 (-14%)	1mo	$185,000	$119	59
1012 W 16th St	0.57mi	4/1.0	1,917 (+6%)	4mo	$165,000	$86	57
903 Vine St	0.66mi	3/— (-1)	1,880 (+4%)	3mo	$21,600	$11	56
1527 N Marquette St	0.40mi	4/1.5	1,558 (-14%)	1mo	$80,444	$52	55
1734 N Howell St	0.45mi	3/1.0 (-1)	1,657 (-9%)	2mo	$197,000	$119	54
2002 Lillie Ave	0.59mi	3/2.0 (-1)	1,936 (+7%)	4mo	$237,000	$122	54
2317 Washington Ln	0.68mi	3/2.0 (-1)	1,731 (-5%)	3mo	$218,000	$126	54
2114 Telegraph Rd	0.73mi	4/1.5	1,736 (-4%)	5mo	$80,000	$46	53
1819 W 6th St	0.59mi	3/1.0 (-1)	2,054 (+13%)	2mo	$127,000	$62	40

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: -1.6%
• Equity multiple: 0.94×
• Total profit: $-2,018
• Equity at exit: $17,877

10-year hold

• IRR: 9.3%
• Equity multiple: 1.75×
• Total profit: $25,062
• Equity at exit: $10,367

Cash invested: $33,572 (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: 6.9×

Monthly cashflow live

• Estimated rent: $1,449 high
• Mortgage (P&I): −$629
• Tax from tax record: −$216 /mo · $2,597/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $250

Break-even live

Break-even rent $1,133

Max offer price $119,900

Occupancy floor 78%

Sensitivity live

Price	-10% $317	-5% $283	+0% $250	+5% $216	+10% $182
Rent	-10% $135	-5% $192	+0% $250	+5% $307	+10% $364
Rate	-1.0pp $310	-0.5pp $280	base $250	+0.5pp $218	+1.0pp $187

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	44d	1	0.36mi
1716 W 7th St Davenport, IA	4.0	1.0	1278	$1,712	$1.34	14d	1	0.50mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	44d	1	0.59mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	22d	1	0.72mi
1323 N Gaines St Davenport, IA	4.0	2.0	1733	$1,350	$0.78	22d	1	0.80mi
621 W 15th St Davenport, IA	4.0	2.0	1833	$1,500	$0.82	14d	1	0.82mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	44d	1	0.87mi
1511 N Ripley St Davenport, IA	4.0	2.0	1872	$1,450	$0.77	22d	1	1.03mi
1421 N Main St #2 Davenport, IA	3.0	1.0	1350	$1,095	$0.81	44d	1	1.18mi
2424 Telegraph Rd Davenport, IA	4.0	2.0	2000	$1,750	$0.88	44d	1	1.26mi
119 E 13th St Davenport, IA	3.0	1.0	1728	$1,495	$0.87	44d	1	1.29mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	14d	1	1.45mi
212 N Brady St Davenport, IA	2.0–3.0	2.0–3.0	1428	$2,600	$1.82	14d	4	1.49mi

Listing history 8 events

1. 2026-06-18
   days on market $119,900 Active 9 DOM
2. 2026-06-17
   days on market $119,900 Active 8 DOM
3. 2026-06-16
   days on market $119,900 Active 7 DOM
4. 2026-06-15
   days on market $119,900 Active 6 DOM
5. 2026-06-14
   days on market $119,900 Active 4 DOM
6. 2026-06-13
   days on market $119,900 Active 3 DOM
7. 2026-06-10
   remarks 430-char remark
8. 2026-06-10
   listed $119,900 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: $2,597 · $216/mo
• Projected year-2 tax: $2,597 · $216/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: $17,386
• − Mortgage interest: −$6,716
• − Property taxes: −$2,597
• − Insurance: −$600
• − Repairs & maintenance: −$1,391
• − Management: −$1,391
• − Depreciation: −$3,488
• Taxable income: $1,204
• Est. tax owed @ 24.0%: −$289
• After-tax cash flow: $2,705/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

+84.5% since first listed

11 events — show timeline

• 2026-06-09 Listed $119,900 MRED as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-03-10 Sold (Public Records) $60,000 Public Records
• 2021-03-05 Sold (MLS) $60,000 RMLSA as Distributed by MLS Grid
• 2021-03-05 Sold (MLS) $60,000 MRED as Distributed by MLS Grid
• 2020-12-02 Listed $64,900 RMLSA as Distributed by MLS Grid
• 2020-12-02 Listed $64,900 MRED as Distributed by MLS Grid
• 2016-02-16 Listing Removed — MRED as Distributed by MLS Grid
• 2004-06-18 Sold (MLS) $61,000 RMLSA as Distributed by MLS Grid
• 2004-04-02 Listed $65,000 RMLSA as Distributed by MLS Grid

Property tax history

+2.5%/yr

Latest (2025): $2,597 · -26.0% YoY. Source: county tax records.