24776 178th St · Bettendorf, IA 52767

$184,000

4 bd · 2.0 ba · 1,624 sqft · SingleFamily public records · 71 Days on market

Built 1900 0.76 ac lot $113/sqft · 16% below area Est $218k · 16% 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 +14.5/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +7.6/10.0
• Appreciation +7.3/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Come check out this 2-story, 3-bedroom, 2-full bath, 2-car Pleasant Valley home, located on a 3/4 acre lot. This charming home features a bright and cheery kitchen, living room, full bath, and laundry area on the main level, as well as 3 bedrooms and an additional full bath on the upper level. There is so much potential with the large unfinished attic! Updates per seller include: new doors, AC (2024). Enjoy the beautiful view while relaxing in your yard. Schedule your showing today!

Key facts

• Beautiful view
• Ac 2024
• New doors

Tags

• 3 4 ACRE LOT
• BRIGHT AND CHEERY KITCHEN
• LARGE UNFINISHED ATTIC
• NEW DOORS
• AC 2024
• BEAUTIFUL VIEW

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $184k.

Deal economics

• At list price, monthly cash flow is $958 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $184k).
• Recommended offer: $173k (6.0% below list) — sets the bar for market timing.
• Cap rate 15.5% vs local median 3.0% in Bettendorf — 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 81/100 on livability (#73 in IA, #1,579 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: amenities F, commute 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: 5 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 805 units permitted in Scott County in 2024 (479 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($1k loan paydown + $8k appreciation (4.5% local appreciation)).
• Scott County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.5% appreciation + 3.0% rent growth), your $52k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 10y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $460/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,960 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.79% ✓
• Cap rate: 15.54%
• Cash-on-cash: 33.03%
• DSCR: 2.47
• GRM: 4.6

CMA / ARV

• ARV (median comp): $218,119
• List price: $184,000
• Delta: -15.64%
• Verdict: UNDERPRICED
• Comps: 19 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24784 Valley Dr	0.33mi	3/2.5 (-1)	1,403 (-14%)	3mo	$208,000	$148	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.53% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 31.5%
• Equity multiple: 2.92×
• Total profit: $98,771
• Equity at exit: $99,042

10-year hold

• IRR: 30.5%
• Equity multiple: 5.83×
• Total profit: $248,878
• Equity at exit: $166,758

Cash invested: $51,520 (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 52767

• Home prices YoY: 2.7%
• Active inventory: 5
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $3,300 medium
• Mortgage (P&I): −$965
• Tax from tax record: −$147 /mo · $1,768/yr
• Insurance: −$77
• Flood insurance flood zone: −$460 /mo · $5,525/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$693
• Net cashflow: $958

Break-even live

Break-even rent $2,088

Max offer price $184,000

Occupancy floor 66%

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: $46,000
• Closing costs: $5,520
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
821 1st Ave Hampton, IL	3.0	2.5	1750	$3,300	$1.89	13d	1	0.58mi

Listing history 50 events

1. 2026-06-18
   days on market $184,000 Active 71 DOM
2. 2026-06-17
   days on market $184,000 Active 70 DOM
3. 2026-06-16
   days on market $184,000 Active 69 DOM
4. 2026-06-15
   days on market $184,000 Active 68 DOM
5. 2026-06-14
   days on market $184,000 Active 66 DOM
6. 2026-06-13
   days on market $184,000 Active 65 DOM
7. 2026-06-10
   days on market $184,000 Active 63 DOM
8. 2026-06-09
   days on market $184,000 Active 62 DOM
9. 2026-06-08
   days on market $184,000 Active 61 DOM
10. 2026-06-07
    days on market $184,000 Active 60 DOM
11. 2026-06-05
    days on market $184,000 Active 57 DOM
12. 2026-06-03
    days on market $184,000 Active 56 DOM
13. 2026-06-02
    days on market $184,000 Active 55 DOM
14. 2026-06-01
    days on market $184,000 Active 54 DOM
15. 2026-05-31
    days on market $184,000 Active 53 DOM
16. 2026-05-30
    days on market $184,000 Active 52 DOM
17. 2026-04-08
    listed $184,000 Active 488-char remark

    Show marketing remark (488 chars)

    Come check out this 2-story, 3-bedroom, 2-full bath, 2-car Pleasant Valley home, located on a 3/4 acre lot. This charming home features a bright and cheery kitchen, living room, full bath, and laundry area on the main level, as well as 3 bedrooms and an additional full bath on the upper level. There is so much potential with the large unfinished attic! Updates per seller include: new doors, AC (2024). Enjoy the beautiful view while relaxing in your yard. Schedule your showing today!

18. 2026-04-06
    historical
19. 2026-01-18
    status Active
20. 2026-01-14
    historical
21. 2026-01-08
    status Active
22. 2026-01-06
    historical
23. 2026-01-05
    historical
24. 2025-12-17
    historical
25. 2025-10-07
    historical
26. 2025-10-06
    listed Active
27. 2025-07-25
    listed Active
28. 2024-08-23
    soldstatus $170,000
29. 2024-08-20
    soldstatus $170,000 Closed
30. 2024-08-20
    soldstatus $170,000
31. 2024-06-03
    historical Under Contract
32. 2024-04-14
    status Active
33. 2024-03-22
    historical Under Contract
34. 2024-02-01
    price $185,000
35. 2024-02-01
    listed $195,000 Active
36. 2024-02-01
    listed $185,000
37. 2024-01-23
    historical
38. 2024-01-23
    historical
39. 2023-11-21
    price
40. 2023-10-27
    listed Active
41. 2021-08-06
    historical
42. 2021-08-06
    historical
43. 2021-08-06
    historical
44. 2021-08-06
    historical
45. 2021-08-06
    historical
46. 2021-02-19
    soldstatus $20,500
47. 2016-08-03
    soldstatus $76,500
48. 2016-08-03
    soldstatus $76,500
49. 2016-05-24
    listed $76,500
50. 2016-05-24
    listed $76,500

ⓘ 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: $1,768 · $147/mo
• Projected year-2 tax: $2,328 · $194/mo
• Expected delta: +$560/yr (+$47/mo · 31.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 100% 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,600
• − Mortgage interest: −$10,307
• − Property taxes: −$1,768
• − Insurance: −$6,445
• − Repairs & maintenance: −$3,168
• − Management: −$3,168
• − Depreciation: −$5,353
• Taxable income: $9,391
• Est. tax owed @ 24.0%: −$2,254
• After-tax cash flow: $9,238/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 — Bettendorf

• Score: 81/100
• State rank: #73
• US rank: #1579

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 41,264
• Population (ZIP): 287

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 (85%)
• Race & ethnicity: White 85% Two or more races 12% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 7% Portuguese 2%

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: ▲ 4.53%
• Current HPI: 170.5405
• 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

+140.5% since first listed

34 events — show timeline

• 2026-04-08 Listed $184,000 MRED as Distributed by MLS Grid
• 2026-04-06 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-18 Relisted — MRED as Distributed by MLS Grid
• 2026-01-14 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-08 Relisted — MRED as Distributed by MLS Grid
• 2026-01-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-17 Listing Removed — MRED as Distributed by MLS Grid
• 2025-10-07 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-10-06 Listed — RMLSA as Distributed by MLS Grid
• 2025-07-25 Listed — RMLSA as Distributed by MLS Grid
• 2024-08-23 Sold (Public Records) $170,000 Public Records
• 2024-08-20 Sold (MLS) $170,000 MRED as Distributed by MLS Grid
• 2024-08-20 Sold (MLS) $170,000 RMLSA as Distributed by MLS Grid
• 2024-06-03 Contingent — RMLSA as Distributed by MLS Grid
• 2024-04-14 Relisted — RMLSA as Distributed by MLS Grid
• 2024-03-22 Contingent — RMLSA as Distributed by MLS Grid
• 2024-02-01 Price Changed $185,000 RMLSA as Distributed by MLS Grid
• 2024-02-01 Listed $185,000 MRED as Distributed by MLS Grid
• 2024-02-01 Listed $195,000 RMLSA as Distributed by MLS Grid
• 2024-01-23 Listing Removed — RMLSA as Distributed by MLS Grid
• 2024-01-23 Listing Removed — MRED as Distributed by MLS Grid
• 2023-11-21 Price Changed — RMLSA as Distributed by MLS Grid
• 2023-10-27 Listed — 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
• 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
• 2021-02-19 Sold (Public Records) $20,500 Public Records
• 2016-08-03 Sold (MLS) $76,500 MRED as Distributed by MLS Grid
• 2016-08-03 Sold (MLS) $76,500 RMLSA as Distributed by MLS Grid
• 2016-05-24 Listed $76,500 MRED as Distributed by MLS Grid
• 2016-05-24 Listed $76,500 RMLSA as Distributed by MLS Grid

Property tax history

+1.9%/yr

Latest (2025): $1,768 · +17.9% YoY. Source: county tax records.