2030 N Sturdevant St · Davenport, IA 52804

$49,900

3 bd · 1.0 ba · 1,326 sqft · SingleFamily public records · 6 Days on market

Built 1921 3,920 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This property being sold "As- Is' with no warranties. Any inspections must be completed before an offer is accepted. Home is in need of rehab. Dining room could be converted to third bedroom with bath.

Key facts

• 3,920 sq ft lot
• Built 1921
• Listed 6 days

Property features AI

Finance

• Other:
• Financial info:
• HOA & community: No master association fees required

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; 1.5-story design; Asphalt roof
• Construction: Aluminum siding exterior; Block foundation; Originally built over 100 years ago; Home constructed before 1978
• Exterior features: Lot approximately 45 x 89; Less than 0.25 acre lot

Interior

• Kitchen: Kitchen on main level with linoleum flooring (about 12 x 13)
• Bedrooms: Master bedroom (second level) with hardwood floors, about 12 x 13; Second bedroom (second level) with hardwood floors, about 10 x 11; Additional bedrooms present
• Flooring: Hardwood flooring in primary bedrooms; Carpet in living and dining areas; Linoleum in kitchen
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Natural gas forced-air heating
• Interior features: Five total rooms; Unfinished full basement
• Laundry & utility: Basement laundry area (about 5 x 5)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $537 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Cap rate 19.2% 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 (+4.0%/yr); 161 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% 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 $345 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price; built in 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $49,900

Questions for the listing agent

1. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 2.48% ✓
• Cap rate: 19.20%
• Cash-on-cash: 46.10%
• DSCR: 3.05
• GRM: 3.4

CMA / ARV

• ARV (on-the-fly): $148,512
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2030 N Sturdevant St	0.00mi	2/1.5 (-1)	1,326 (0%)	1mo	$40,000	$30	92
1442 W High St	0.18mi	2/2.0 (-1)	1,263 (-5%)	0mo	$130,000	$103	74
2128 N Sturdevant St	0.08mi	3/2.0	1,514 (+14%)	2mo	$167,900	$111	67
1548 W Central Park Ave	0.37mi	3/1.0	1,206 (-9%)	2mo	$154,900	$128	66
1629 W Columbia Ave	0.40mi	3/2.5	1,400 (+6%)	0mo	$243,900	$174	66
2102 W 18th St	0.49mi	3/1.0	1,236 (-7%)	1mo	$155,000	$125	65
1649 Florence Ln Ln	0.18mi	3/2.0	1,150 (-13%)	2mo	$120,000	$104	64
1324 Marquette St	0.61mi	3/2.0	1,302 (-2%)	1mo	$115,000	$88	63
2323 Frances Pl	0.62mi	3/2.0	1,293 (-2%)	1mo	$240,000	$186	62
911 W 16th St	0.72mi	3/1.0	1,356 (+2%)	1mo	$152,000	$112	62
1341 W 14th St	0.56mi	3/1.5	1,244 (-6%)	1mo	$131,900	$106	61
1024 Berg Pl	0.59mi	3/1.5	1,136 (-14%)	1mo	$192,000	$169	46

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 · 3.99% rent growth · sell at horizon

5-year hold

• IRR: 44.6%
• Equity multiple: 2.96×
• Total profit: $27,419
• Equity at exit: $7,440

10-year hold

• IRR: 51.1%
• Equity multiple: 6.25×
• Total profit: $73,411
• Equity at exit: $4,314

Cash invested: $13,972 (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 52804

• Home prices YoY: -25.3%
• Rents YoY: 4.0%
• Active inventory: 161
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,236 high
• Mortgage (P&I): −$262
• Tax from tax record: −$157 /mo · $1,882/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $537

Break-even live

Break-even rent $556

Max offer price $49,900

Occupancy floor 52%

Sensitivity live

Price	-10% $565	-5% $551	+0% $537	+5% $523	+10% $508
Rent	-10% $439	-5% $488	+0% $537	+5% $586	+10% $634
Rate	-1.0pp $562	-0.5pp $549	base $537	+0.5pp $524	+1.0pp $511

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	44d	1	0.21mi
901 W 15th St Davenport, IA	1.0–2.0	1.0–2.0	950	$895	$0.94	14d	1	0.58mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	14d	1	0.61mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	44d	3	0.67mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	44d	1	0.77mi
1318 1/2 Brown St Davenport, IA	2.0	1.0	900	$875	$0.97	22d	1	0.87mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	22d	1	0.89mi
1716 W 7th St Davenport, IA	4.0	1.0	1278	$1,712	$1.34	14d	1	0.90mi
621 W 15th St Davenport, IA	4.0	2.0	1833	$1,500	$0.82	14d	1	0.94mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	44d	1	0.95mi
1323 N Gaines St Davenport, IA	4.0	2.0	1733	$1,350	$0.78	22d	1	0.96mi
1615 1/2 N Ripley St Davenport, IA	2.0	1.0	900	$825	$0.92	44d	1	1.10mi
1519 N Ripley St Davenport, IA	2.0	1.0	1144	$1,100	$0.96	14d	1	1.11mi
1511 N Ripley St Davenport, IA	4.0	2.0	1872	$1,450	$0.77	22d	1	1.12mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	44d	1	1.13mi
1341 W 4th St Davenport, IA	3.0	1.5	979	$1,394	$1.42	44d	1	1.19mi
2638 N Clark St Unit 2 Davenport, IA	3.0	1.5	1200	$1,250	$1.04	14d	1	1.23mi
1421 N Main St #2 Davenport, IA	3.0	1.0	1350	$1,095	$0.81	44d	1	1.29mi
445 Waverly Rd Davenport, IA	2.0	1.0	980	$1,200	$1.22	44d	1	1.35mi
2809 N Main St Davenport, IA	3.0	1.5	1000	$1,350	$1.35	22d	1	1.37mi
201 E Locust St Unit Sw Davenport, IA	2.0	1.0	1000	$875	$0.88	44d	1	1.38mi
119 E 13th St Davenport, IA	3.0	1.0	1728	$1,495	$0.87	44d	1	1.42mi
1812 Pershing Ave Unit 1 Davenport, IA	3.0	1.0	1000	$1,200	$1.20	22d	1	1.44mi
1912 Dixwell St Davenport, IA	4.0	2.0	1116	$1,300	$1.16	44d	1	1.48mi
2224 Iowa St Unit 2224 Davenport, IA	2.0	1.0	1214	$925	$0.76	44d	1	1.49mi
2224 Iowa St Davenport, IA	2.0	1.0	1214	$895	$0.74	44d	1	1.49mi

Listing history 2 events

1. 2026-05-15
   status Pending
2. 2026-05-09
   listed $49,900 Active

ⓘ 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: $1,882 · $157/mo
• Projected year-2 tax: $1,882 · $157/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: $14,826
• − Mortgage interest: −$2,795
• − Property taxes: −$1,882
• − Insurance: −$250
• − Repairs & maintenance: −$1,186
• − Management: −$1,186
• − Depreciation: −$1,452
• Taxable income: $6,076
• Est. tax owed @ 24.0%: −$1,458
• After-tax cash flow: $4,983/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): 26,835
• Household income: $65,849
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 830.0

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% Black 10% Hispanic / Latino 10% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Iranian 2% Romanian 2% Portuguese 1%
• Foreign-born: 4% · Canada, China, Vietnam
• Languages at home: 94% English-only · Spanish 3% Russian/Polish/Slavic 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: ▼ -66.50%
• Current HPI: 196.2267
• Rent YoY: ▲ 3.99%
• 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 events — show timeline

• 2026-05-15 Pending — MRED as Distributed by MLS Grid
• 2026-05-09 Listed $49,900 MRED as Distributed by MLS Grid

Property tax history

+1.9%/yr

Latest (2025): $1,882 · +2.5% YoY. Source: county tax records.