1941 Dixwell St · Davenport, IA 52802

$107,500

3 bd · 2.0 ba · 1,408 sqft · SingleFamily public records · 34 Days on market

Built 1900 6,098 sqft lot $76/sqft · 6% below area Est $114k · 6% under

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Why this score? — see what drove the C- 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 +19.2/30.0
• ARV discount +10.1/15.0
• 1% rule +6.4/10.0
• DSCR +6.1/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PC3068 Property listed as-is, where-is. No warranties expressed or implied are included in this sale. Subj property is being sold in its present AS-IS condition. Buyer to verify sewer/septic/water/well connection. Seller makes no representation regarding sewer/septic/water/well connection. Buyer will satisfy themselves as to the condition of said property, & any requirements regarding permitted & nonpermitted areas of the subject property. Buyer & buyer's agent should verify all measurements & info per assessors.

Key facts

• 6,098 sq ft lot
• Built 1900
• Listed 34 days

Tags

• LARGE MAIN FLOOR LAYOUT
• GENEROUS BEDROOM SIZES

Property features AI

Finance

• Other: Property not currently leased; Possession at closing; Living area source: assessor
• HOA & community: No master association fees required

Exterior

• Parking: Gravel parking
• Utilities: Public water; Public sewer; Cable available
• Home design: Detached single-family home; 1.5-story design; Fee simple ownership; House age: 100+ years; Built before 1978
• Construction: Wood siding exterior
• Exterior features: Fenced yard; Level lot; Lot dimensions approximately 42 x 140

Interior

• Kitchen: Kitchen on main level (vinyl flooring)
• Bedrooms: Three bedrooms (master on main level, two additional bedrooms on second level)
• Flooring: Carpet in living room, dining room, master bedroom, and two second-floor bedrooms; Vinyl flooring in kitchen; Other flooring in basement laundry
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Natural gas forced-air heating; Central air conditioning
• Interior features: Six total rooms; Full basement; Basement described as 'other' and full
• Laundry & utility: Laundry room in basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $108k.

Deal economics

• At list price, monthly cash flow is $116 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $108k).
• Recommended offer: $104k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.6% 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; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% 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 $743 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 34 days — a 3% lower offer ($104k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y 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.
• Current owner paid $28k; list at $108k implies a 285% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,275 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% 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. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.14% ✓
• Cap rate: 7.59%
• Cash-on-cash: 4.62%
• DSCR: 1.21
• GRM: 7.3

CMA / ARV

• ARV (median comp): $114,148
• List price: $107,500
• Delta: -5.82%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2243 W 4th St	0.48mi	3/1.5	1,408 (0%)	0mo	$22,500	$16	75
2006 Claussen St	0.09mi	3/1.5	1,253 (-11%)	5mo	$125,000	$100	71
1854 W 8th St	0.67mi	3/1.0	1,417 (+1%)	2mo	$49,500	$35	62
314 Washington St	0.56mi	3/2.0	1,275 (-9%)	1mo	$109,900	$86	57
123 N Thornwood Ave	0.54mi	3/1.0	1,427 (+1%)	20mo	$150,000	$105	52
121 Wellman Ave	0.70mi	3/2.0	1,536 (+9%)	2mo	$145,000	$94	50
125 S Birchwood Ave	0.62mi	3/2.0	1,584 (+12%)	1mo	$148,000	$93	49
1716 W 7th St	0.66mi	4/1.0 (+1)	1,483 (+5%)	3mo	$63,500	$43	49
2614 Mckinley Ave	0.65mi	4/2.0 (+1)	1,280 (-9%)	1mo	$106,500	$83	48
435 Waverly Rd	0.60mi	3/1.0	1,206 (-14%)	9mo	$123,800	$103	37
2140 Telegraph Rd	0.58mi	2/1.0 (-1)	1,279 (-9%)	19mo	$117,300	$92	33
131 N Hazelwood Ave	0.61mi	2/1.5 (-1)	1,568 (+11%)	22mo	$110,000	$70	28

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: -9.0%
• Equity multiple: 0.67×
• Total profit: $-9,955
• Equity at exit: $16,029

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $1,177
• Equity at exit: $9,295

Cash invested: $30,100 (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: 7.3×

Monthly cashflow live

• Estimated rent: $1,223 high
• Mortgage (P&I): −$564
• Tax from tax record: −$241 /mo · $2,897/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $116

Break-even live

Break-even rent $1,076

Max offer price $107,500

Occupancy floor 86%

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: $26,875
• Closing costs: $3,225
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1912 Dixwell St Davenport, IA	4.0	2.0	1116	$1,300	$1.16	44d	1	0.08mi
510 S Lincoln Ave Davenport, IA	2.0	1.0	1184	$1,195	$1.01	21d	1	0.29mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	14d	1	0.52mi
445 Waverly Rd Davenport, IA	2.0	1.0	980	$1,200	$1.22	44d	1	0.64mi
1716 W 7th St Davenport, IA	4.0	1.0	1278	$1,712	$1.34	14d	1	0.68mi
1341 W 4th St Davenport, IA	3.0	1.5	979	$1,394	$1.42	44d	1	0.73mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	44d	3	0.94mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	14d	1	1.06mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	44d	1	1.29mi
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	44d	1	1.40mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	44d	1	1.49mi

Listing history 22 events

1. 2026-06-18
   days on market $107,500 Active 34 DOM
2. 2026-06-17
   days on market $107,500 Active 33 DOM
3. 2026-06-16
   days on market $107,500 Active 32 DOM
4. 2026-06-15
   days on market $107,500 Active 31 DOM
5. 2026-06-14
   days on market $107,500 Active 29 DOM
6. 2026-06-13
   days on market $107,500 Active 28 DOM
7. 2026-06-10
   days on market $107,500 Active 26 DOM
8. 2026-06-09
   days on market $107,500 Active 25 DOM
9. 2026-06-08
   days on market $107,500 Active 24 DOM
10. 2026-06-07
    days on market $107,500 Active 23 DOM
11. 2026-06-03
    days on market $107,500 Active 19 DOM
12. 2026-06-02
    days on market $107,500 Active 18 DOM
13. 2026-06-01
    days on market $107,500 Active 17 DOM
14. 2026-05-31
    days on market $107,500 Active 16 DOM
15. 2026-05-30
    days on market $107,500 Active 15 DOM
16. 2026-05-15
    listed $107,500 Active 752-char remark
17. 2021-08-06
    historical
18. 2008-08-26
    soldstatus $27,900

    Show marketing remark (534 chars)

    PC3068 Property listed as-is, where-is. No warranties expressed or implied are included in this sale. Subj property is being sold in its present AS-IS condition. Buyer to verify sewer/septic/water/well connection. Seller makes no representation regarding sewer/septic/water/well connection. Buyer will satisfy themselves as to the condition of said property, & any requirements regarding permitted & nonpermitted areas of the subject property. Buyer & buyer's agent should verify all measurements & info per assessors.

19. 2008-08-26
    soldstatus $27,900

    Show marketing remark (534 chars)

    PC3068 Property listed as-is, where-is. No warranties expressed or implied are included in this sale. Subj property is being sold in its present AS-IS condition. Buyer to verify sewer/septic/water/well connection. Seller makes no representation regarding sewer/septic/water/well connection. Buyer will satisfy themselves as to the condition of said property, & any requirements regarding permitted & nonpermitted areas of the subject property. Buyer & buyer's agent should verify all measurements & info per assessors.

20. 2008-08-18
    historical
21. 2008-07-16
    listed $29,900

    Show marketing remark (534 chars)

    PC3068 Property listed as-is, where-is. No warranties expressed or implied are included in this sale. Subj property is being sold in its present AS-IS condition. Buyer to verify sewer/septic/water/well connection. Seller makes no representation regarding sewer/septic/water/well connection. Buyer will satisfy themselves as to the condition of said property, & any requirements regarding permitted & nonpermitted areas of the subject property. Buyer & buyer's agent should verify all measurements & info per assessors.

22. 2008-07-16
    listed $29,900

    Show marketing remark (534 chars)

    PC3068 Property listed as-is, where-is. No warranties expressed or implied are included in this sale. Subj property is being sold in its present AS-IS condition. Buyer to verify sewer/septic/water/well connection. Seller makes no representation regarding sewer/septic/water/well connection. Buyer will satisfy themselves as to the condition of said property, & any requirements regarding permitted & nonpermitted areas of the subject property. Buyer & buyer's agent should verify all measurements & info per assessors.

ⓘ 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: $2,897 · $241/mo
• Projected year-2 tax: $2,897 · $241/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 4/10 Moderate 7 d/yr ≥104°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: $14,670
• − Mortgage interest: −$6,022
• − Property taxes: −$2,897
• − Insurance: −$538
• − Repairs & maintenance: −$1,174
• − Management: −$1,174
• − Depreciation: −$3,127
• Taxable loss: −$260
• Est. tax savings @ 24.0%: +$62
• After-tax cash flow: $1,453/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

+259.5% since first listed

7 events — show timeline

• 2026-05-15 Listed $107,500 MRED as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2008-08-26 Sold (MLS) $27,900 RMLSA as Distributed by MLS Grid
• 2008-08-26 Sold (MLS) $27,900 MRED as Distributed by MLS Grid
• 2008-08-18 Listing Removed — MRED as Distributed by MLS Grid
• 2008-07-16 Listed $29,900 RMLSA as Distributed by MLS Grid
• 2008-07-16 Listed $29,900 MRED as Distributed by MLS Grid

Property tax history

+9.1%/yr

Latest (2025): $2,897 · +39.3% YoY. Source: county tax records.