2114 Telegraph Rd Rd · Davenport, IA 52804

$107,000

4 bd · 1.5 ba · 1,736 sqft · SingleFamily public records · 10 Days on market

Built 1925 7,650 sqft lot Est $196k · 45% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• 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 MLS

4-Bedroom, large rooms, fenced yard, deck, 1-car garage, close to schools and park. All offers must be entered through propoffers.com. Viewing Release must be signed & returned to our office before showing this property. This property is eligible under the First Look Initiative for the first 20 days on market. no investor offers until First Look period expires.

Key facts

• Wood flooring
• Sump pump
• 7,650 sq ft lot

Tags

• WATERPROOFED BASEMENT
• SUMP PUMP
• ATTRACTIVE LANDSCAPING
• WOOD FLOORING

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $107k.

Deal economics

• At list price, monthly cash flow is $417 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $107k).
• Cap rate 11.0% 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.
• Market conditions: Rents rising (+4.0%/yr); 161 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $740 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 + 4.0% rent growth), your $30k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 7y ago; this cycle's ask is 330% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $80k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $107,000

Questions for the listing agent

1. Built in 1925 — 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: 1.40% ✓
• Cap rate: 10.97%
• Cash-on-cash: 16.70%
• DSCR: 1.74
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $196,168
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2114 Telegraph Rd	0.00mi	4/1.5	1,736 (0%)	5mo	$80,000	$46	96
321 Cedar St	0.28mi	3/1.0 (-1)	1,816 (+5%)	6mo	$65,000	$36	68
1230 N Elmwood Ave	0.54mi	4/1.5	1,824 (+5%)	1mo	$157,000	$86	66
1203 N Thornwood Ave	0.52mi	4/1.0	1,600 (-8%)	5mo	$180,000	$113	56
926 Cimarron Dr Dr	0.26mi	3/1.5 (-1)	1,478 (-15%)	5mo	$167,500	$113	54
1315 Cedar St	0.45mi	3/2.0 (-1)	1,640 (-6%)	14mo	$274,000	$167	51
1716 W 7th St	0.44mi	4/1.0	1,483 (-15%)	3mo	$63,500	$43	50
125 S Birchwood Ave	0.70mi	3/2.0 (-1)	1,584 (-9%)	2mo	$148,000	$93	44
1527 N Division St	0.75mi	3/1.5 (-1)	1,558 (-10%)	1mo	$185,000	$119	42
1530 N Pine St	0.61mi	3/2.0 (-1)	1,600 (-8%)	11mo	$320,000	$200	42
955 N Thornwood Ave	0.38mi	3/2.0 (-1)	1,540 (-11%)	19mo	$183,000	$119	41
1203 Hillandale Rd	0.68mi	3/1.0 (-1)	1,618 (-7%)	18mo	$166,000	$103	35

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: 9.0%
• Equity multiple: 1.36×
• Total profit: $10,771
• Equity at exit: $15,954

10-year hold

• IRR: 19.1%
• Equity multiple: 2.67×
• Total profit: $50,070
• Equity at exit: $9,251

Cash invested: $29,960 (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: 5.9×

Monthly cashflow live

• Estimated rent: $1,502 high
• Mortgage (P&I): −$561
• Tax from tax record: −$164 /mo · $1,970/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $417

Break-even live

Break-even rent $975

Max offer price $107,000

Occupancy floor 67%

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: $26,750
• Closing costs: $3,210
• Reserves months: —
• Total cash needed: —

Rent comps 10 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	14d	1	0.44mi
2424 Telegraph Rd Davenport, IA	4.0	2.0	2000	$1,750	$0.88	44d	1	0.52mi
1912 Dixwell St Davenport, IA	4.0	2.0	1116	$1,300	$1.16	44d	1	0.57mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	14d	1	0.72mi
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	44d	1	0.84mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	44d	1	1.26mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	21d	1	1.37mi
1323 N Gaines St Davenport, IA	4.0	2.0	1733	$1,350	$0.78	21d	1	1.45mi
2638 N Clark St Unit 2 Davenport, IA	3.0	1.5	1200	$1,250	$1.04	14d	1	1.49mi
621 W 15th St Davenport, IA	4.0	2.0	1833	$1,500	$0.82	14d	1	1.49mi

Listing history 19 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-23
   status Pending
4. 2026-01-28
   soldstatus $80,000 Closed
5. 2026-01-28
   soldstatus $80,000 Closed
6. 2026-01-28
   soldstatus $80,000 Closed
7. 2026-01-28
   soldstatus $80,000 Closed
8. 2026-01-16
   status Pending
9. 2026-01-14
   historical
10. 2026-01-06
    historical
11. 2025-12-28
    status Pending
12. 2025-12-24
    status Active
13. 2025-12-22
    status Pending
14. 2025-11-14
    price
15. 2025-10-22
    listed Active
16. 2019-04-10
    soldstatus $22,500 367-char remark

    Show marketing remark (367 chars)

    4-Bedroom, large rooms, fenced yard, deck, 1-car garage, close to schools and park. All offers must be entered through propoffers.com. Viewing Release must be signed & returned to our office before showing this property. This property is eligible under the First Look Initiative for the first 20 days on market. no investor offers until First Look period expires.

17. 2019-04-10
    soldstatus $22,500 367-char remark

    Show marketing remark (367 chars)

    4-Bedroom, large rooms, fenced yard, deck, 1-car garage, close to schools and park. All offers must be entered through propoffers.com. Viewing Release must be signed & returned to our office before showing this property. This property is eligible under the First Look Initiative for the first 20 days on market. no investor offers until First Look period expires.

18. 2019-02-05
    listed $24,900 367-char remark

    Show marketing remark (367 chars)

    4-Bedroom, large rooms, fenced yard, deck, 1-car garage, close to schools and park. All offers must be entered through propoffers.com. Viewing Release must be signed & returned to our office before showing this property. This property is eligible under the First Look Initiative for the first 20 days on market. no investor offers until First Look period expires.

19. 2019-02-05
    listed $24,900 367-char remark

    Show marketing remark (367 chars)

    4-Bedroom, large rooms, fenced yard, deck, 1-car garage, close to schools and park. All offers must be entered through propoffers.com. Viewing Release must be signed & returned to our office before showing this property. This property is eligible under the First Look Initiative for the first 20 days on market. no investor offers until First Look period expires.

ⓘ 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: $1,970 · $164/mo
• Projected year-2 tax: $1,970 · $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: $18,028
• − Mortgage interest: −$5,994
• − Property taxes: −$1,970
• − Insurance: −$535
• − Repairs & maintenance: −$1,442
• − Management: −$1,442
• − Depreciation: −$3,113
• Taxable income: $3,532
• Est. tax owed @ 24.0%: −$848
• After-tax cash flow: $4,156/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

+221.3% since first listed

19 events — show timeline

• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-23 Pending — MRED as Distributed by MLS Grid
• 2026-01-28 Sold (MLS) $80,000 MRED as Distributed by MLS Grid
• 2026-01-28 Sold (MLS) $80,000 MRED as Distributed by MLS Grid
• 2026-01-28 Sold (MLS) $80,000 MRED as Distributed by MLS Grid
• 2026-01-28 Sold (MLS) $80,000 MRED as Distributed by MLS Grid
• 2026-01-16 Pending — MRED as Distributed by MLS Grid
• 2026-01-14 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-28 Pending — MRED as Distributed by MLS Grid
• 2025-12-24 Relisted — MRED as Distributed by MLS Grid
• 2025-12-22 Pending — MRED as Distributed by MLS Grid
• 2025-11-14 Price Changed — RMLSA as Distributed by MLS Grid
• 2025-10-22 Listed — RMLSA as Distributed by MLS Grid
• 2019-04-10 Sold (MLS) $22,500 RMLSA as Distributed by MLS Grid
• 2019-04-10 Sold (MLS) $22,500 MRED as Distributed by MLS Grid
• 2019-02-05 Listed $24,900 RMLSA as Distributed by MLS Grid
• 2019-02-05 Listed $24,900 MRED as Distributed by MLS Grid

Property tax history

+1.2%/yr

Latest (2025): $1,970 · +2.5% YoY. Source: county tax records.