1139 Calvin St · Davenport, IA 52804

$189,900

3 bd · 1.5 ba · 1,600 sqft · SingleFamily public records

Built 1974 6,098 sqft lot Est $216k · 12% under

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Why this score? — see what drove the D+ 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 +14.3/30.0
• ARV discount +12.9/15.0
• DSCR +4.4/10.0
• 1% rule +4.0/10.0
• 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

DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

Key facts

• 6,098 sq ft lot
• Garage
• Built 1974

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $36 ($433/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (9.8% below list).
• Recommended offer: $171k (9.8% below list) — sets the bar for 1% rule.
• Cap rate 6.5% 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: Jackson Elementary School (math 42% / reading 47%, grade F, #548 of 616 statewide, top 90%, 368 students, 52% FRL); Frank L Smart Intermediate (math 27% / reading 30%, grade F, #246 of 246 statewide, top 100%, 313 students, 71% FRL); West High School (math 38% / reading 53%, grade D-, #323 of 336 statewide, top 96%, 1,469 students, 54% FRL) — zoned schools at 59% FRL track the district average.
• Market conditions: Rents rising (+4.0%/yr); 162 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 805 units permitted in Scott County in 2024 (479 in 5+ unit buildings).
• This rent runs 31% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 4y 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.

Recommended offer $171,233 (9.8% below list)

Questions for the listing agent

1. Built in 1974 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.90% ✗
• Cap rate: 6.52%
• Cash-on-cash: 0.81%
• DSCR: 1.04
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $216,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4044 W 14th Street Ct	0.17mi	4/2.0 (+1)	1,546 (-3%)	7mo	$186,000	$120	74
1021 Calvin St	0.09mi	4/2.0 (+1)	1,728 (+8%)	10mo	$211,150	$122	67
1216 N Blanchard St	0.08mi	4/1.0 (+1)	1,452 (-9%)	9mo	$117,000	$81	66
3232 W 13th St	0.62mi	4/2.0 (+1)	1,620 (+1%)	2mo	$210,000	$130	60
1312 Emerald Dr	0.20mi	4/1.5 (+1)	1,822 (+14%)	2mo	$185,000	$102	60
2136 N Gayman Ave	0.70mi	4/1.5 (+1)	1,597 (-0%)	2mo	$182,000	$114	60
4613 W 12th St	0.31mi	3/2.0	1,440 (-10%)	10mo	$389,900	$271	58
4735 W 12th St	0.40mi	3/2.0	1,440 (-10%)	7mo	$389,900	$271	57
4501 W 14th St St	0.28mi	4/3.0 (+1)	1,782 (+11%)	4mo	$397,000	$223	54
1215 Waverly Rd Rd	0.47mi	3/2.5	1,787 (+12%)	3mo	$390,000	$218	52
3823 W Lombard St	0.70mi	3/1.5	1,370 (-14%)	7mo	$185,000	$135	38
2035 N Gayman Ave	0.63mi	3/3.0	1,370 (-14%)	8mo	$302,000	$220	34

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: -13.9%
• Equity multiple: 0.50×
• Total profit: $-26,722
• Equity at exit: $28,315

10-year hold

• IRR: -3.5%
• Equity multiple: 0.76×
• Total profit: $-12,982
• Equity at exit: $16,419

Cash invested: $53,172 (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: 162
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,712 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$242 /mo · $2,900/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $36

Break-even live

Break-even rent $1,667

Max offer price $189,900

Occupancy floor 93%

Sensitivity live

Price	-10% $144	-5% $90	+0% $36	+5% $-18	+10% $-71
Rent	-10% $-99	-5% $-32	+0% $36	+5% $104	+10% $171
Rate	-1.0pp $132	-0.5pp $84	base $36	+0.5pp $-13	+1.0pp $-63

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1403 Emerald Dr Davenport, IA	4.0	2.0	1850	$1,995	$1.08	23d	1	0.21mi
2424 Telegraph Rd Davenport, IA	4.0	2.0	2000	$1,750	$0.88	45d	1	1.21mi
2638 N Clark St Unit 2 Davenport, IA	3.0	1.5	1200	$1,250	$1.04	15d	1	1.27mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	15d	1	1.42mi

Listing history 20 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-22
   status Pending
4. 2026-02-02
   soldstatus $185,000
5. 2026-01-26
   soldstatus $185,000 Closed
6. 2026-01-26
   soldstatus $185,000 Closed
7. 2026-01-26
   soldstatus $185,000 Closed
8. 2026-01-26
   soldstatus $185,000 Closed
9. 2025-12-13
   status Pending
10. 2025-12-12
    historical
11. 2025-12-12
    historical
12. 2025-11-13
    price
13. 2025-10-13
    listed $189,900
14. 2025-10-13
    listed Active
15. 2022-12-19
    soldstatus $135,000
16. 2022-12-15
    soldstatus $135,000 424-char remark

    Show marketing remark (424 chars)

    DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

17. 2022-12-15
    soldstatus $135,000 Closed 424-char remark

    Show marketing remark (424 chars)

    DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

18. 2022-10-06
    status Pending 424-char remark

    Show marketing remark (424 chars)

    DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

19. 2022-09-28
    listed $144,900 424-char remark

    Show marketing remark (424 chars)

    DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

20. 2022-09-28
    listed $144,900 Active 424-char remark

    Show marketing remark (424 chars)

    DO NOT GO ON DECK - SAFETY HAZARD. "AS-IS" Sale. Seller will make no repairs. Reasonable list price for quick sale. One Year TMI Home Warranty. Main level laundry. Large foyer and mud room. Three bedrooms, 1.5 bath quad level. Nice kitchen with newer cabinetry. Spacious dinette. All appliances including washer and dryer. Newer furnace and water heater. Roof 3 years. There is a sump pump but it is not installed.

ⓘ 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: $2,900 · $242/mo
• Projected year-2 tax: $2,941 · $245/mo
• Expected delta: +$41/yr (+$3/mo · 1.4%)

ⓘ 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 2/10 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: $20,548
• − Mortgage interest: −$10,637
• − Property taxes: −$2,900
• − Insurance: −$950
• − Repairs & maintenance: −$1,644
• − Management: −$1,644
• − Depreciation: −$5,524
• Taxable loss: −$2,751
• Est. tax savings @ 24.0%: +$660
• After-tax cash flow: $1,093/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

+27.7% since first listed

20 events — show timeline

• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-24 Pending — MRED as Distributed by MLS Grid
• 2026-05-22 Pending — MRED as Distributed by MLS Grid
• 2026-02-02 Sold (Public Records) $185,000 Public Records
• 2026-01-26 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2026-01-26 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2026-01-26 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2026-01-26 Sold (MLS) $185,000 MRED as Distributed by MLS Grid
• 2025-12-13 Pending — RMLSA as Distributed by MLS Grid
• 2025-12-12 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-12 Listing Removed — MRED as Distributed by MLS Grid
• 2025-11-13 Price Changed — RMLSA as Distributed by MLS Grid
• 2025-10-13 Listed — RMLSA as Distributed by MLS Grid
• 2025-10-13 Listed $189,900 MRED as Distributed by MLS Grid
• 2022-12-19 Sold (Public Records) $135,000 Public Records
• 2022-12-15 Sold (MLS) $135,000 RMLSA as Distributed by MLS Grid
• 2022-12-15 Sold (MLS) $135,000 MRED as Distributed by MLS Grid
• 2022-10-06 Pending — RMLSA as Distributed by MLS Grid
• 2022-09-28 Listed $144,900 RMLSA as Distributed by MLS Grid
• 2022-09-28 Listed $144,900 MRED as Distributed by MLS Grid

Property tax history

+3.0%/yr

Latest (2025): $2,900 · +2.5% YoY. Source: county tax records.