2712 W 67th St · Davenport, IA 52806

$125,000

4 bd · 2.0 ba · 1,584 sqft · SingleFamily public records · 3 Days on market

Built 1954 6,098 sqft lot Est $230k · 46% under

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Why this score? — see what drove the B 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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +8.0/10.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This property holds tremendous potential for those willing to invest a little TLC. Imagine the possibilities with your personal touch in this 3-bedroom, 1-bathroom home, all on one level! With an expansive layout and plenty of added space, this residence is ideal for families or anyone looking to create their dream home. The large living room, featuring an electric fireplace, provides a warm and inviting space for gatherings and relaxation. Enjoy cooking and entertaining in the open kitchen, which offers ample room for creativity and customization. Step outside to a lovely patio-perfect for summer barbecues and outdoor gatherings. The property also includes a shed for extra storage. A spaci

Key facts

• Extra storage
• Newer roof
• Electric fireplace

Tags

• ELECTRIC FIREPLACE
• OPEN KITCHEN
• LOVELY PATIO
• EXTRA STORAGE
• NEWER ROOF

Property features AI

Finance

• HOA & community: No master association fee required; Community features include curbs and paved streets

Exterior

• Parking: Attached garage with 2 spaces, concrete driveway, garage door opener
• Utilities: Public water; Public sewer; 100 amp electric service
• Home design: Detached single-family home; One-story; Fee simple ownership; Built approximately 71–80 years ago; Asphalt roof; Vinyl siding
• Construction: Vinyl siding construction; Asphalt roof; Built before 1978
• Exterior features: Patio; Corner, level lot (approximately 61.2 x 100)

Interior

• Kitchen: Range; Range hood; Dishwasher; Refrigerator
• Bedrooms: Three bedrooms on the main level (Master: 14 x 9; Bedroom 2: 11 x 10; Bedroom 3: 11 x 12)
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Seven total rooms; Electric fireplace in the living room
• Laundry & utility: Main-level laundry (7 x 11); Washer and dryer included

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $356 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 9.7% 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: Rents rising (+1.8%/yr); 162 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 40% 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 $864 of loan paydown is wiped out by about $4k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,000

Questions for the listing agent

1. Built in 1954 — 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. 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.
5. 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.
6. 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: 1.30% ✓
• Cap rate: 9.71%
• Cash-on-cash: 12.20%
• DSCR: 1.54
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $229,680
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6504 Cedar St	0.38mi	4/2.0	1,602 (+1%)	4mo	$205,000	$128	77
2714 W 66th St	0.08mi	4/3.0	1,462 (-8%)	4mo	$349,000	$239	76
6248 Hillandale Rd	0.38mi	3/1.5 (-1)	1,632 (+3%)	0mo	$225,000	$138	70
3208 W 64th St	0.30mi	4/2.0	1,749 (+10%)	4mo	$225,000	$129	65
2508 W 60th Pl	0.46mi	3/2.0 (-1)	1,520 (-4%)	6mo	$230,500	$152	61
2010 W 63rd St	0.49mi	3/2.0 (-1)	1,686 (+6%)	0mo	$168,000	$100	61
6733 Brookview Ln	0.40mi	3/3.0 (-1)	1,489 (-6%)	5mo	$325,000	$218	58
2822 High Point Dr	0.19mi	3/3.0 (-1)	1,820 (+15%)	6mo	$264,000	$145	52
1724 W 69th St	0.70mi	3/2.0 (-1)	1,686 (+6%)	4mo	$178,000	$106	49
2321 W 57th St	0.70mi	3/1.5 (-1)	1,474 (-7%)	1mo	$246,000	$167	48
5556 N Thornwood Ave	0.74mi	3/2.0 (-1)	1,715 (+8%)	2mo	$175,000	$102	45
1951 W 59 St	0.75mi	4/3.0	1,428 (-10%)	0mo	$310,000	$217	44

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 · 1.8% rent growth · sell at horizon

5-year hold

• IRR: 0.4%
• Equity multiple: 1.02×
• Total profit: $528
• Equity at exit: $18,638

10-year hold

• IRR: 8.8%
• Equity multiple: 1.63×
• Total profit: $22,126
• Equity at exit: $10,808

Cash invested: $35,000 (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 52806

• Rents YoY: 1.8%
• Active inventory: 162
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,627 high
• Mortgage (P&I): −$656
• Tax from tax record: −$222 /mo · $2,664/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $356

Break-even live

Break-even rent $1,177

Max offer price $125,000

Occupancy floor 73%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3021 W 72nd St Unit 4 Davenport, IA	3.0	1.5	1079	$1,375	$1.27	13d	1	0.35mi
5556 N Thornwood Ave Davenport, IA	3.0	2.0	1715	$1,800	$1.05	43d	1	0.77mi
4930 N Dittmer St Davenport, IA	3.0	2.0	1104	$1,184	$1.07	13d	1	1.32mi
5337 Villa Dr Davenport, IA	2.0–3.0	2.5	1650	$2,045	$1.24	13d	1	1.33mi
2806 W 47th St Davenport, IA	3.0	2.0	1164	$1,700	$1.46	43d	1	1.50mi

Listing history 5 events

1. 2026-06-19
   status $125,000 Pending 3 DOM
2. 2026-06-18
   days on market $125,000 Active 3 DOM
3. 2026-06-17
   days on market $125,000 Active 2 DOM
4. 2026-06-15
   remarks 699-char remark
5. 2026-06-15
   listed $125,000 Active 1 DOM

ⓘ 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: $2,664 · $222/mo
• Projected year-2 tax: $2,664 · $222/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 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: $19,525
• − Mortgage interest: −$7,002
• − Property taxes: −$2,664
• − Insurance: −$625
• − Repairs & maintenance: −$1,562
• − Management: −$1,562
• − Depreciation: −$3,636
• Taxable income: $2,473
• Est. tax owed @ 24.0%: −$594
• After-tax cash flow: $3,676/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): 26,871
• Household income: $74,297
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 735.0

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 (74%)
• Race & ethnicity: White 74% Black 12% Hispanic / Latino 7% Two or more races 7% Asian 2%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Slovak 2% Lithuanian 2% Iranian 1%
• Foreign-born: 4% · Canada, Vietnam, China
• Languages at home: 93% English-only · Spanish 3% Vietnamese 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: ▼ -127.41%
• Current HPI: 185.0808
• Rent YoY: ▲ 1.80%
• 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

1 event — show timeline

• 2026-06-15 Listed $125,000 MRED as Distributed by MLS Grid

Property tax history

+1.8%/yr

Latest (2025): $2,664 · -4.5% YoY. Source: county tax records.