1406 26th St · Bettendorf, IA 52722

$279,900

4 bd · 2.0 ba · 2,329 sqft · SingleFamily public records

Built 1904 0.28 ac lot Est $349k · 20% 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).

• ARV discount +15.0/15.0
• Cash flow +9.0/30.0
• Schools +6.5/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A nice Bettendorf home at a great price. Your buyer can save $ because this home already has whole house inspection available! Owner states some windows new in 2011, AC in 2012. Note the appliances that stay and seller offering AHS flex plan combo (excellent!) at $530.

Key facts

• 0.28 acre lot
• Garage
• Built 1904

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $-220 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $241k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (27.7% below list).
• Recommended offer: $202k (27.7% below list) — sets the bar for 1% rule.
• Cap rate 5.3% 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: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
• Bettendorf Community School District (suburban): math 74% / reading 75% proficiency, ranked #57 of 289 in IA (top 20%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Bettendorf Middle School (math 77% / reading 75%, grade A, #59 of 246 statewide, top 26%, 987 students, 32% FRL); Bettendorf High School (math 71% / reading 77%, grade B+, #103 of 336 statewide, top 32%, 1,482 students, 31% FRL).
• Market conditions: Rents rising (+2.9%/yr); 426 active listings in the ZIP; solid renter incomes; 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 $2k of loan paydown is wiped out by about $8k 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.
• 5 sale attempts since 25y 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: built in 1904 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $202,246 (27.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1904 — 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. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.72% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.37%
• DSCR: 0.85
• GRM: 11.5

CMA / ARV

• ARV (on-the-fly): $349,350
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2505 Cody St	0.11mi	4/1.5	2,353 (+1%)	7mo	$155,000	$66	85
1220 Glencoe Ln	0.12mi	4/2.5	2,308 (-1%)	20mo	$175,000	$76	74
2929 Greenview Dr	0.45mi	4/2.5	2,352 (+1%)	4mo	$405,000	$172	72
1935 Fairmeadows Ct	0.66mi	4/2.5	2,412 (+4%)	1mo	$322,000	$133	60
1910 Bellevue Ave	0.46mi	4/2.0	2,056 (-12%)	7mo	$275,000	$134	54
6 Sunset Cir	0.46mi	5/3.0 (+1)	2,620 (+12%)	1mo	$392,500	$150	48
1551 Forest Hills Rd	0.35mi	3/2.5 (-1)	1,986 (-15%)	9mo	$335,000	$169	45
1902 Parkway Dr	0.54mi	3/2.5 (-1)	2,052 (-12%)	6mo	$350,000	$171	43
3110 Hartford Dr	0.62mi	4/3.0	2,676 (+15%)	0mo	$407,500	$152	42
3509 Fawn Ln	0.72mi	3/3.5 (-1)	2,131 (-8%)	0mo	$415,000	$195	41
1718 Fairmeadows Dr	0.55mi	3/3.0 (-1)	2,018 (-13%)	6mo	$265,000	$131	38
1738 Elmwood Dr	0.74mi	3/2.0 (-1)	2,520 (+8%)	19mo	$200,000	$79	31

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 · 2.88% rent growth · sell at horizon

5-year hold

• IRR: -22.1%
• Equity multiple: 0.24×
• Total profit: $-59,655
• Equity at exit: $41,734

10-year hold

• IRR: -16.4%
• Equity multiple: 0.09×
• Total profit: $-71,158
• Equity at exit: $24,201

Cash invested: $78,372 (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 52722

• Rents YoY: 2.9%
• Active inventory: 426
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $2,022 medium
• Mortgage (P&I): −$1,468
• Tax from tax record: −$233 /mo · $2,800/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $-220

Break-even live

Break-even rent $2,301

Max offer price $241,029

Occupancy floor —

Sensitivity live

Price	-10% $-62	-5% $-141	+0% $-220	+5% $-299	+10% $-378
Rent	-10% $-380	-5% $-300	+0% $-220	+5% $-140	+10% $-60
Rate	-1.0pp $-79	-0.5pp $-149	base $-220	+0.5pp $-293	+1.0pp $-366

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: $69,975
• Closing costs: $8,397
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-05-24
   status Pending
2. 2026-05-24
   status Pending
3. 2026-05-22
   status Pending
4. 2026-01-14
   soldstatus $287,500
5. 2026-01-12
   soldstatus $287,500 Closed
6. 2026-01-12
   soldstatus $287,500 Closed
7. 2026-01-12
   soldstatus $287,500 Closed
8. 2026-01-12
   soldstatus $287,500 Closed
9. 2026-01-08
   status Pending
10. 2026-01-05
    historical
11. 2025-12-15
    status Pending
12. 2025-12-13
    historical
13. 2025-12-13
    historical
14. 2025-12-10
    price
15. 2025-12-02
    price
16. 2025-11-14
    listed $279,900
17. 2025-11-14
    listed Active
18. 2013-03-27
    soldstatus $136,000
19. 2013-03-22
    soldstatus $136,000 269-char remark

    Show marketing remark (269 chars)

    A nice Bettendorf home at a great price. Your buyer can save $ because this home already has whole house inspection available! Owner states some windows new in 2011, AC in 2012. Note the appliances that stay and seller offering AHS flex plan combo (excellent!) at $530.

20. 2013-03-22
    soldstatus $136,000 269-char remark

    Show marketing remark (269 chars)

    A nice Bettendorf home at a great price. Your buyer can save $ because this home already has whole house inspection available! Owner states some windows new in 2011, AC in 2012. Note the appliances that stay and seller offering AHS flex plan combo (excellent!) at $530.

21. 2013-02-10
    listed $139,000 269-char remark

    Show marketing remark (269 chars)

    A nice Bettendorf home at a great price. Your buyer can save $ because this home already has whole house inspection available! Owner states some windows new in 2011, AC in 2012. Note the appliances that stay and seller offering AHS flex plan combo (excellent!) at $530.

22. 2013-02-10
    listed $139,000 269-char remark

    Show marketing remark (269 chars)

    A nice Bettendorf home at a great price. Your buyer can save $ because this home already has whole house inspection available! Owner states some windows new in 2011, AC in 2012. Note the appliances that stay and seller offering AHS flex plan combo (excellent!) at $530.

23. 2002-06-26
    soldstatus $119,000
24. 2001-11-02
    listed $121,500

ⓘ 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: $2,800 · $233/mo
• Projected year-2 tax: $3,597 · $300/mo
• Expected delta: +$797/yr (+$66/mo · 28.5%)

ⓘ 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: $24,270
• − Mortgage interest: −$15,679
• − Property taxes: −$2,800
• − Insurance: −$1,400
• − Repairs & maintenance: −$1,942
• − Management: −$1,942
• − Depreciation: −$8,143
• Taxable loss: −$7,634
• Est. tax savings @ 24.0%: +$1,832
• After-tax cash flow: $-808/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: Bettendorf Community School District
• NCES district ID: 1904860
• Math proficiency: 74% ▼ -6.00%
• Reading proficiency: 75% ▼ -2.00%
• Median HH income: $66,823
• Composite: 64.71/100
• National rank: #522
• State rank: #57 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

• Census place: Bettendorf, IA
• County: Scott County · 144,583 people
• City population: 41,264
• Metro: Davenport-Moline-Rock Island, IA-IL
• Population (ZIP): 41,264
• Household income: $101,546
• Rent vs Own: 24.2% rent · 75.8% own
• Severe rent burden: 935.0

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 (82%)
• Race & ethnicity: White 82% Asian 7% Two or more races 7% Hispanic / Latino 5% Black 2%
• Common ancestry: Portuguese 3% Italian 3% Romanian 2%
• Foreign-born: 7% · Canada, China, Vietnam
• Languages at home: 92% English-only · Other Asian/Pacific 2% Spanish 2% Other Indo-European 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: ▼ -111.45%
• Current HPI: 194.8355
• Rent YoY: ▲ 2.88%
• 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

+136.6% since first listed

24 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
• 2026-01-14 Sold (Public Records) $287,500 Public Records
• 2026-01-12 Sold (MLS) $287,500 MRED as Distributed by MLS Grid
• 2026-01-12 Sold (MLS) $287,500 MRED as Distributed by MLS Grid
• 2026-01-12 Sold (MLS) $287,500 MRED as Distributed by MLS Grid
• 2026-01-12 Sold (MLS) $287,500 MRED as Distributed by MLS Grid
• 2026-01-08 Pending — MRED as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-15 Pending — RMLSA as Distributed by MLS Grid
• 2025-12-13 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-12-13 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-10 Price Changed — RMLSA as Distributed by MLS Grid
• 2025-12-02 Price Changed — RMLSA as Distributed by MLS Grid
• 2025-11-14 Listed — RMLSA as Distributed by MLS Grid
• 2025-11-14 Listed $279,900 MRED as Distributed by MLS Grid
• 2013-03-27 Sold (Public Records) $136,000 Public Records
• 2013-03-22 Sold (MLS) $136,000 RMLSA as Distributed by MLS Grid
• 2013-03-22 Sold (MLS) $136,000 MRED as Distributed by MLS Grid
• 2013-02-10 Listed $139,000 RMLSA as Distributed by MLS Grid
• 2013-02-10 Listed $139,000 MRED as Distributed by MLS Grid
• 2002-06-26 Sold (MLS) $119,000 RMLSA as Distributed by MLS Grid
• 2001-11-02 Listed $121,500 RMLSA as Distributed by MLS Grid

Property tax history

+2.2%/yr

Latest (2025): $2,800 · +0.7% YoY. Source: county tax records.