706 N Howell St · Davenport, IA 52802

$90,000

3 bd · 2.0 ba · 1,384 sqft · SingleFamily public records · 50 Days on market

Built 1902 4,791 sqft lot $65/sqft · 22% below area Est $116k · 22% 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 +28.7/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor opportunity at 706 N Howell! This two-story home offers approximately 1,300 square feet with three bedrooms and one full bathroom. Featuring solid bones and plenty of potential, this property is ready for your personal touch. With some TLC and cosmetic updates, it could shine again-ideal for investors or buyers looking to build equity.

Key facts

• 4,791 sq ft lot
• Garage
• Built 1902

Property features AI

Finance

• Other: Property assessed/reported living area source: assessor; Built before 1978
• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (1 garage space, 1 total parking space)
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Two-story; Fee simple ownership; Built more than 100 years ago; Shingle-style asphalt roof
• Construction: Block and brick/mortar foundation; Asphalt roof; Approximately 1,384 finished square feet (total finished/unfinished ~2,100 sq ft)
• Exterior features: Corner lot; Lot dimensions approximately 45 x 110; Lot smaller than 0.25 acre

Interior

• Kitchen: Kitchen on main level
• Bedrooms: Three bedrooms (master and two additional bedrooms located on the second floor)
• Flooring: Other flooring throughout
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Five rooms total; Unfinished partial basement
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.3% 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; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 47% 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 23y ago; this cycle's ask has dropped $20k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1902 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1902 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.37% ✓
• Cap rate: 10.30%
• Cash-on-cash: 14.31%
• DSCR: 1.64
• GRM: 6.1

CMA / ARV

• ARV (median comp): $115,699
• List price: $90,000
• Delta: -22.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1854 W 8th St	0.12mi	3/1.0	1,417 (+2%)	2mo	$49,500	$35	85
2243 W 4th St	0.47mi	3/1.5	1,408 (+2%)	0mo	$22,500	$16	73
1716 W 7th St	0.25mi	4/1.0 (+1)	1,483 (+7%)	3mo	$63,500	$43	65
2422 Dugan Ct	0.67mi	3/2.0	1,364 (-1%)	3mo	$192,000	$141	64
314 Washington St	0.51mi	3/2.0	1,275 (-8%)	1mo	$109,900	$86	62
926 Cimarron Dr Dr	0.44mi	3/1.5	1,478 (+7%)	5mo	$167,500	$113	62
2006 Claussen St	0.54mi	3/1.5	1,253 (-10%)	5mo	$125,000	$100	53
2217 W 13th St	0.46mi	3/1.0	1,200 (-13%)	2mo	$157,000	$131	51
1527 N Division St	0.65mi	3/1.5	1,558 (+13%)	1mo	$185,000	$119	46
1219 W 8th St	0.70mi	2/2.0 (-1)	1,260 (-9%)	2mo	$129,000	$102	46
2102 W 18th St	0.74mi	3/1.0	1,236 (-11%)	1mo	$155,000	$125	42
435 Waverly Rd	0.53mi	3/1.0	1,206 (-13%)	9mo	$123,800	$103	42

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: 4.7%
• Equity multiple: 1.18×
• Total profit: $4,611
• Equity at exit: $13,419

10-year hold

• IRR: 14.2%
• Equity multiple: 2.15×
• Total profit: $28,870
• Equity at exit: $7,782

Cash invested: $25,200 (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: 6.1×

Monthly cashflow live

• Estimated rent: $1,232 high
• Mortgage (P&I): −$472
• Tax from tax record: −$164 /mo · $1,962/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $301

Break-even live

Break-even rent $852

Max offer price $90,000

Occupancy floor 71%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1716 W 7th St Davenport, IA	4.0	1.0	1278	$1,712	$1.34	13d	1	0.23mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	43d	3	0.41mi
1912 Dixwell St Davenport, IA	4.0	2.0	1116	$1,300	$1.16	43d	1	0.54mi
445 Waverly Rd Davenport, IA	2.0	1.0	980	$1,200	$1.22	43d	1	0.54mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	13d	1	0.56mi
1341 W 4th St Davenport, IA	3.0	1.5	979	$1,394	$1.42	43d	1	0.64mi
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	43d	1	0.78mi
510 S Lincoln Ave Davenport, IA	2.0	1.0	1184	$1,195	$1.01	21d	1	0.82mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	13d	1	0.84mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	43d	1	1.06mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	43d	1	1.07mi
1318 1/2 Brown St Davenport, IA	2.0	1.0	900	$875	$0.97	21d	1	1.15mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	21d	1	1.17mi
1323 N Gaines St Davenport, IA	4.0	2.0	1733	$1,350	$0.78	21d	1	1.25mi
901 W 15th St Davenport, IA	1.0–2.0	1.0–2.0	950	$895	$0.94	13d	1	1.30mi
621 W 15th St Davenport, IA	4.0	2.0	1833	$1,500	$0.82	13d	1	1.30mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	43d	1	1.37mi

Listing history 34 events

1. 2026-06-18
   days on market $90,000 Active 50 DOM
2. 2026-06-17
   pricedays on market $90,000 Active 49 DOM
3. 2026-06-16
   days on market $110,000 Active 48 DOM
4. 2026-06-15
   days on market $110,000 Active 47 DOM
5. 2026-06-14
   days on market $110,000 Active 45 DOM
6. 2026-06-13
   days on market $110,000 Active 44 DOM
7. 2026-06-10
   days on market $110,000 Active 42 DOM
8. 2026-06-09
   days on market $110,000 Active 41 DOM
9. 2026-06-08
   days on market $110,000 Active 40 DOM
10. 2026-06-07
    days on market $110,000 Active 39 DOM
11. 2026-06-03
    days on market $110,000 Active 35 DOM
12. 2026-06-02
    days on market $110,000 Active 34 DOM
13. 2026-06-01
    days on market $110,000 Active 33 DOM
14. 2026-05-31
    days on market $110,000 Active 32 DOM
15. 2026-05-30
    days on market $110,000 Active 31 DOM
16. 2026-04-29
    listed $110,000 Active 346-char remark
17. 2021-08-06
    historical
18. 2021-08-06
    historical
19. 2021-08-06
    historical
20. 2018-06-20
    soldstatus $100,500
21. 2018-06-15
    soldstatus $100,500
22. 2018-06-15
    soldstatus $100,500
23. 2018-06-15
    listed $100,500
24. 2018-06-15
    listed $100,500
25. 2018-06-04
    soldstatus $79,000
26. 2016-09-07
    soldstatus $30,500
27. 2016-09-07
    soldstatus $30,500
28. 2016-06-01
    listed $34,500
29. 2016-06-01
    listed $34,500
30. 2006-08-02
    soldstatus $59,000
31. 2006-07-31
    soldstatus $58,600
32. 2006-03-14
    listed $59,900
33. 2004-02-27
    soldstatus $47,000
34. 2003-12-30
    listed $44,000

ⓘ 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: $1,962 · $164/mo
• Projected year-2 tax: $1,962 · $164/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: $14,788
• − Mortgage interest: −$5,041
• − Property taxes: −$1,962
• − Insurance: −$450
• − Repairs & maintenance: −$1,183
• − Management: −$1,183
• − Depreciation: −$2,618
• Taxable income: $2,351
• Est. tax owed @ 24.0%: −$564
• After-tax cash flow: $3,043/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

+104.5% since first listed

20 events — show timeline

• 2026-06-16 Price Changed $90,000 MRED as Distributed by MLS Grid
• 2026-04-29 Listed $110,000 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
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2018-06-20 Sold (Public Records) $100,500 Public Records
• 2018-06-15 Listed $100,500 RMLSA as Distributed by MLS Grid
• 2018-06-15 Listed $100,500 MRED as Distributed by MLS Grid
• 2018-06-15 Sold (MLS) $100,500 RMLSA as Distributed by MLS Grid
• 2018-06-15 Sold (MLS) $100,500 MRED as Distributed by MLS Grid
• 2018-06-04 Sold (Public Records) $79,000 Public Records
• 2016-09-07 Sold (MLS) $30,500 RMLSA as Distributed by MLS Grid
• 2016-09-07 Sold (MLS) $30,500 MRED as Distributed by MLS Grid
• 2016-06-01 Listed $34,500 RMLSA as Distributed by MLS Grid
• 2016-06-01 Listed $34,500 MRED as Distributed by MLS Grid
• 2006-08-02 Sold (Public Records) $59,000 Public Records
• 2006-07-31 Sold (MLS) $58,600 RMLSA as Distributed by MLS Grid
• 2006-03-14 Listed $59,900 RMLSA as Distributed by MLS Grid
• 2004-02-27 Sold (MLS) $47,000 RMLSA as Distributed by MLS Grid
• 2003-12-30 Listed $44,000 RMLSA as Distributed by MLS Grid

Property tax history

+4.3%/yr

Latest (2025): $1,962 · -8.1% YoY. Source: county tax records.