625 N Division St · Davenport, IA 52802

$95,000

2 bd · 1.5 ba · 1,026 sqft · SingleFamily public records · 115 Days on market

Built 1900 1,306 sqft lot $93/sqft · 14% above area Est $84k · 14% over

---

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 +20.5/30.0
• DSCR +6.5/10.0
• 1% rule +4.8/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.3/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Solid single-family home offering strong upside in a convenient Davenport location. This 1-story, 3 bedroom, 1 bath residence features 1,026 SF of living space with a full basement providing excellent potential for additional finished space or storage. Mechanical updates include a newer water heater (2023) and a high-efficiency gas furnace, along with central air for year-round comfort. Exterior highlights include low-maintenance vinyl siding and a private patio ideal for outdoor enjoyment. Street and shared parking available. With flexible space, solid construction, and proven rental appeal, this property is well-suited for both investors and owner-occupants looking to add value. Don't miss the opportunity to unlock this home's potential

Key facts

• Full basement
• Private patio
• Newer water heater

Tags

• FULL BASEMENT
• NEWER WATER HEATER
• HIGH-EFFICIENCY GAS FURNACE
• CENTRAL AIR
• LOW-MAINTENANCE VINYL SIDING
• PRIVATE PATIO

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $124 ($1k/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 $93k (2.3% below list).
• Recommended offer: $86k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.9% 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; 33 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 $657 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.

Negotiation context

• It's been on market 115 days — a 9% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts 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 $20k; list at $95k implies a 375% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $86,450 (9.0% below list)

Questions for the listing agent

1. It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 0.98% ✗
• Cap rate: 7.87%
• Cash-on-cash: 5.61%
• DSCR: 1.25
• GRM: 8.5

CMA / ARV

• ARV (median comp): $83,528
• List price: $95,000
• Delta: 13.73%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1621 W 7th St	0.09mi	2/1.0	997 (-3%)	2mo	$45,101	$45	88
1701 W 8th St	0.09mi	3/1.0 (+1)	1,090 (+6%)	3mo	$78,500	$72	76
2025 W 3rd St	0.49mi	3/1.0 (+1)	1,020 (-1%)	2mo	$125,000	$123	67
636 Cedar St	0.36mi	2/1.0	944 (-8%)	3mo	$68,000	$72	66
1824 W 8th St	0.11mi	3/1.0 (+1)	1,140 (+11%)	6mo	$112,000	$98	64
1207 N Marquette St	0.62mi	3/1.5 (+1)	1,038 (+1%)	6mo	$138,000	$133	58
1703 N Division St	0.72mi	2/1.0	960 (-6%)	3mo	$95,000	$99	51
1417 W 12th St	0.47mi	2/1.0	872 (-15%)	1mo	$77,000	$88	50
1901 W 16th St	0.66mi	2/1.0	917 (-11%)	3mo	$139,900	$153	47
809 Cimarron Dr	0.74mi	3/1.0 (+1)	1,092 (+6%)	3mo	$164,000	$150	45
2008 Dixwell St	0.65mi	3/1.0 (+1)	1,140 (+11%)	4mo	$118,000	$104	41
507 Waverly Rd	0.74mi	3/1.0 (+1)	1,116 (+9%)	10mo	$67,500	$60	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.6%
• Equity multiple: 0.72×
• Total profit: $-7,482
• Equity at exit: $14,165

10-year hold

• IRR: 1.9%
• Equity multiple: 1.14×
• Total profit: $3,630
• Equity at exit: $8,214

Cash invested: $26,600 (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: 8.5×

Monthly cashflow live

• Estimated rent: $928 high
• Mortgage (P&I): −$498
• Tax from tax record: −$71 /mo · $852/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$195
• Net cashflow: $124

Break-even live

Break-even rent $771

Max offer price $95,000

Occupancy floor 82%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
627 N Division St Davenport, IA	2.0	1.0	800	$800	$1.00	43d	1	0.02mi
1529 W 6th St Davenport, IA	2.0	1.0	794	$850	$1.07	13d	1	0.17mi
1603 W 10th St Unit 2 Davenport, IA	1.0	1.0	900	$700	$0.78	43d	1	0.20mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	43d	3	0.27mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	13d	1	0.40mi
1341 W 4th St Davenport, IA	3.0	1.5	979	$1,394	$1.42	43d	1	0.46mi
1445 W 16th St Unit 3 Davenport, IA	2.0	1.0	765	$915	$1.20	43d	1	0.66mi
445 Waverly Rd Davenport, IA	2.0	1.0	980	$1,200	$1.22	43d	1	0.74mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	43d	1	0.85mi
308 S Lincoln Ave Davenport, IA	1.0	1.0	825	$825	$1.00	21d	1	0.87mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	43d	1	0.89mi
510 S Lincoln Ave Davenport, IA	2.0	1.0	1184	$1,195	$1.01	21d	1	0.92mi
1318 1/2 Brown St Davenport, IA	2.0	1.0	900	$875	$0.97	21d	1	0.97mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	21d	1	0.99mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	13d	1	1.00mi
1011 W Locust St Apt 1 Davenport, IA	1.0	1.0	750	$675	$0.90	43d	1	1.02mi
619 W 16th St Unit 4 Davenport, IA	1.0	1.0	700	$745	$1.06	43d	1	1.16mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	43d	1	1.19mi
2608 Wilkes Ave Davenport, IA	2.0	1.0	755	$950	$1.26	21d	1	1.30mi
1519 N Ripley St Davenport, IA	2.0	1.0	1144	$1,100	$0.96	13d	1	1.33mi
410 N Main St Unit 230 Davenport, IA	2.0	1.0	800	$1,250	$1.56	43d	1	1.33mi
901 W 15th St Davenport, IA	1.0–2.0	1.0–2.0	950	$895	$0.94	13d	1	1.33mi
1615 1/2 N Ripley St Davenport, IA	2.0	1.0	900	$825	$0.92	43d	1	1.36mi
108 W 5th St Unit 5 Davenport, IA	1.0	1.0	737	$875	$1.19	43d	1	1.38mi
133 W 13th St Apt 3 Davenport, IA	2.0	1.0	800	$1,150	$1.44	13d	1	1.39mi
401 Brady St Davenport, IA	1.0–3.0	1.0–2.0	870	$1,625	$1.87	13d	2	1.42mi
421 N Brady St Unit 5 Davenport, IA	1.0	1.0	780	$968	$1.24	43d	1	1.43mi
421 N Brady St Unit 11 Davenport, IA	1.0	1.0	945	$1,059	$1.12	13d	1	1.43mi
1421 N Main St #2 Davenport, IA	3.0	1.0	1350	$1,095	$0.81	43d	1	1.43mi
212 N Brady St Davenport, IA	2.0–3.0	2.0–3.0	1428	$1,900	$1.33	13d	4	1.43mi
427 N Brady St Unit 6 Davenport, IA	2.0	1.0	916	$995	$1.09	43d	1	1.43mi
427 N Brady St Unit 1 Davenport, IA	3.0	1.5	1126	$1,359	$1.21	43d	1	1.43mi
106 E 3rd St Davenport, IA	1.0–2.0	1.0	812	$1,299	$1.60	43d	1	1.44mi

Listing history 29 events

1. 2026-06-18
   days on market $95,000 Active 115 DOM
2. 2026-06-17
   days on market $95,000 Active 114 DOM
3. 2026-06-16
   days on market $95,000 Active 113 DOM
4. 2026-06-15
   days on market $95,000 Active 112 DOM
5. 2026-06-14
   days on market $95,000 Active 110 DOM
6. 2026-06-13
   days on market $95,000 Active 109 DOM
7. 2026-06-10
   days on market $95,000 Active 107 DOM
8. 2026-06-09
   days on market $95,000 Active 106 DOM
9. 2026-06-08
   days on market $95,000 Active 105 DOM
10. 2026-06-07
    days on market $95,000 Active 104 DOM
11. 2026-06-03
    days on market $95,000 Active 100 DOM
12. 2026-06-02
    days on market $95,000 Active 99 DOM
13. 2026-06-01
    days on market $95,000 Active 98 DOM
14. 2026-05-31
    days on market $95,000 Active 97 DOM
15. 2026-05-30
    days on market $95,000 Active 96 DOM
16. 2026-02-23
    historical

    Show marketing remark (748 chars)

    Solid single-family home offering strong upside in a convenient Davenport location. This 1-story, 3 bedroom, 1 bath residence features 1,026 SF of living space with a full basement providing excellent potential for additional finished space or storage. Mechanical updates include a newer water heater (2023) and a high-efficiency gas furnace, along with central air for year-round comfort. Exterior highlights include low-maintenance vinyl siding and a private patio ideal for outdoor enjoyment. Street and shared parking available. With flexible space, solid construction, and proven rental appeal, this property is well-suited for both investors and owner-occupants looking to add value. Don't miss the opportunity to unlock this home's potential

17. 2026-02-23
    listed $95,000 Active 748-char remark

    Show marketing remark (748 chars)

    Solid single-family home offering strong upside in a convenient Davenport location. This 1-story, 3 bedroom, 1 bath residence features 1,026 SF of living space with a full basement providing excellent potential for additional finished space or storage. Mechanical updates include a newer water heater (2023) and a high-efficiency gas furnace, along with central air for year-round comfort. Exterior highlights include low-maintenance vinyl siding and a private patio ideal for outdoor enjoyment. Street and shared parking available. With flexible space, solid construction, and proven rental appeal, this property is well-suited for both investors and owner-occupants looking to add value. Don't miss the opportunity to unlock this home's potential

18. 2026-01-08
    status Active
19. 2026-01-07
    historical
20. 2026-01-06
    historical
21. 2026-01-06
    status Active
22. 2026-01-05
    historical
23. 2025-12-18
    historical
24. 2025-12-18
    historical
25. 2025-12-18
    listed Active
26. 2025-12-18
    listed Active
27. 2025-12-18
    listed Active
28. 2025-12-18
    listed Active
29. 2018-05-30
    soldstatus $20,000

ⓘ 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: $852 · $71/mo
• Projected year-2 tax: $1,172 · $98/mo
• Expected delta: +$320/yr (+$27/mo · 37.5%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 68% 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: $11,138
• − Mortgage interest: −$5,321
• − Property taxes: −$852
• − Insurance: −$475
• − Repairs & maintenance: −$891
• − Management: −$891
• − Depreciation: −$2,764
• Taxable loss: −$56
• Est. tax savings @ 24.0%: +$14
• After-tax cash flow: $1,507/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

+375.0% since first listed

14 events — show timeline

• 2026-02-23 Listed $95,000 MRED as Distributed by MLS Grid
• 2026-02-23 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-08 Relisted — MRED as Distributed by MLS Grid
• 2026-01-07 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2026-01-06 Relisted — MRED as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-18 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-18 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-18 Listed — RMLSA as Distributed by MLS Grid
• 2025-12-18 Listed — MRED as Distributed by MLS Grid
• 2025-12-18 Listed — RMLSA as Distributed by MLS Grid
• 2025-12-18 Listed — MRED as Distributed by MLS Grid
• 2018-05-30 Sold (Public Records) $20,000 Public Records

Property tax history

+0.8%/yr

Latest (2025): $852 · -25.5% YoY. Source: county tax records.