2008 Dixwell St · Davenport, IA 52802

$114,900

3 bd · 1.0 ba · 1,140 sqft · SingleFamily public records · 30 Days on market

Built 1900 6,098 sqft lot Est $114k · at est. ↓ 3% since listing

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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 +22.3/30.0
• DSCR +7.1/10.0
• ARV discount +7.1/15.0
• 1% rule +5.3/10.0
• 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

Move-In Ready Gem! Nothing to Do But Unpack! Welcome to your turn-key dream home! This beautifully refreshed 3-bedroom, 1-bathroom residence has been updated top-to-bottom so you can move right in and start enjoying life from day one. Step inside to find fresh, modern finishes throughout: Brand-new carpet in the bedrooms and new flooring in living areas. Freshly painted interiors with a crisp, neutral palette. Stunning kitchen featuring fresh paint, new tile backsplash, and plenty of cabinet space. Major mechanical updates already done for complete peace of mind: Newer roof Newer high-efficiency furnace Newer water heater Brand-new electrical panel being installed prior to closing Outside,

Key facts

• New tile backsplash
• Newer roof
• Newer water heater

Tags

• MOVE IN READY
• UPDATED KITCHEN
• NEW TILE BACKSPLASH
• NEWER ROOF
• NEWER HIGH EFFICIENCY FURNACE
• NEWER WATER HEATER

Property features AI

Exterior

• Parking: No garage; alley access
• Utilities: Public water; Public sewer; 100 amp electrical service
• Home design: Detached single-family home; 1.5-story design; Over 100 years old; Owner-occupied (fee simple)
• Construction: Vinyl siding with frame construction; Block foundation
• Exterior features: Level lot; Lot dimensions approximately 40 x 150

Interior

• Bedrooms: Three bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heat
• Interior features: Full, unfinished basement
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $190 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $113k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% 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; 12 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 $794 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 30 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 4 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.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,176 (1.5% below list)

Questions for the listing agent

1. Built in 1900 — 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: 1.03% ✓
• Cap rate: 8.27%
• Cash-on-cash: 7.08%
• DSCR: 1.31
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $114,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2008 Dixwell St	0.00mi	3/1.0	1,140 (0%)	4mo	$118,000	$104	97
2006 Claussen St	0.06mi	3/1.5	1,253 (+10%)	5mo	$125,000	$100	74
114 S Elmwood Ave	0.43mi	3/2.0	1,116 (-2%)	3mo	$140,000	$125	70
2025 W 3rd St	0.26mi	3/1.0	1,020 (-10%)	2mo	$125,000	$123	68
209 S Thornwood Ave	0.45mi	3/1.0	1,056 (-7%)	1mo	$36,000	$34	66
2537 Boies Ave	0.52mi	3/1.0	1,013 (-11%)	1mo	$74,900	$74	56
1701 W 8th St	0.74mi	3/1.0	1,090 (-4%)	3mo	$78,500	$72	56
809 Cimarron Dr	0.75mi	3/1.0	1,092 (-4%)	3mo	$164,000	$150	56
314 Washington St	0.62mi	3/2.0	1,275 (+12%)	1mo	$109,900	$86	47
612 Waverly Rd	0.70mi	4/1.5 (+1)	1,040 (-9%)	2mo	$175,000	$168	44
2614 Mckinley Ave	0.60mi	4/2.0 (+1)	1,280 (+12%)	1mo	$106,500	$83	42
1621 W 7th St	0.70mi	2/1.0 (-1)	997 (-12%)	2mo	$45,101	$45	40

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: -5.5%
• Equity multiple: 0.80×
• Total profit: $-6,548
• Equity at exit: $17,132

10-year hold

• IRR: 4.2%
• Equity multiple: 1.30×
• Total profit: $9,809
• Equity at exit: $9,934

Cash invested: $32,172 (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 52802

• Home prices YoY: -28.3%
• Active inventory: 68
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,185 high
• Mortgage (P&I): −$603
• Tax from tax record: −$96 /mo · $1,154/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$249
• Net cashflow: $190

Break-even live

Break-even rent $945

Max offer price $114,900

Occupancy floor 79%

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1912 Dixwell St Davenport, IA	4.0	2.0	1116	$1,300	$1.16	43d	1	0.11mi
510 S Lincoln Ave Davenport, IA	2.0	1.0	1184	$1,195	$1.01	21d	1	0.25mi
301 S Thornwood Ave Davenport, IA	3.0	1.0	1242	$1,395	$1.12	13d	1	0.47mi
445 Waverly Rd Davenport, IA	2.0	1.0	980	$1,200	$1.22	43d	1	0.61mi
627 N Division St Davenport, IA	2.0	1.0	800	$800	$1.00	43d	1	0.67mi
1529 W 6th St Davenport, IA	2.0	1.0	794	$850	$1.07	13d	1	0.69mi
1716 W 7th St Davenport, IA	4.0	1.0	1278	$1,712	$1.34	13d	1	0.71mi
1341 W 4th St Davenport, IA	3.0	1.5	979	$1,394	$1.42	43d	1	0.78mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	43d	3	0.96mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	13d	1	1.09mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	43d	1	1.34mi
1445 W 16th St Unit 3 Davenport, IA	2.0	1.0	765	$915	$1.20	43d	1	1.35mi

Listing history 11 events

1. 2026-05-22
   listed $114,900 Active
2. 2026-03-10
   soldstatus $118,000
3. 2026-02-18
   soldstatus Closed
4. 2026-01-19
   status Pending
5. 2026-01-16
   status Active
6. 2026-01-14
   historical
7. 2026-01-08
   status Active
8. 2026-01-06
   historical
9. 2026-01-05
   historical
10. 2025-11-26
    listed Active
11. 2025-11-20
    historical

ⓘ 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: $1,154 · $96/mo
• Projected year-2 tax: $1,479 · $123/mo
• Expected delta: +$325/yr (+$27/mo · 28.2%)

ⓘ 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 ≥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: $14,222
• − Mortgage interest: −$6,436
• − Property taxes: −$1,154
• − Insurance: −$574
• − Repairs & maintenance: −$1,138
• − Management: −$1,138
• − Depreciation: −$3,343
• Taxable income: $439
• Est. tax owed @ 24.0%: −$105
• After-tax cash flow: $2,171/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

-2.6% since first listed

11 events — show timeline

• 2026-05-22 Listed $114,900 MRED as Distributed by MLS Grid
• 2026-03-10 Sold (Public Records) $118,000 Public Records
• 2026-02-18 Sold (MLS) — MRED as Distributed by MLS Grid
• 2026-01-19 Pending — MRED as Distributed by MLS Grid
• 2026-01-16 Relisted — MRED as Distributed by MLS Grid
• 2026-01-14 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-08 Relisted — MRED as Distributed by MLS Grid
• 2026-01-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-11-26 Listed — RMLSA as Distributed by MLS Grid
• 2025-11-20 Coming Soon — RMLSA as Distributed by MLS Grid

Property tax history

+1.2%/yr

Latest (2025): $1,154 · +2.5% YoY. Source: county tax records.