630 W Lombard St · Davenport, IA 52803

$154,900

3 bd · 1.5 ba · 1,440 sqft · SingleFamily public records · 45 Days on market

Built 1956 5,227 sqft lot $108/sqft · 22% below area Est $199k · 22% under

---

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 +8.3/30.0
• Livability +4.0/5.0
• Schools +3.9/10.0
• Rent growth +3.6/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

Key facts

• 5,227 sq ft lot
• Garage
• Built 1956

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $-142 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $130k (16.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $118k (23.9% below list).
• Recommended offer: $118k (23.9% below list) — sets the bar for 1% rule.

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.
• Zoned schools: Adams Elementary School (math 48% / reading 51%, grade D, #514 of 616 statewide, top 85%, 511 students, 54% FRL); Williams Intermediate (math 33% / reading 37%, grade F, #243 of 246 statewide, top 99%, 423 students, 63% FRL); North High School (math 45% / reading 59%, grade D+, #299 of 336 statewide, top 91%, 1,352 students, 50% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: Rents rising fast (+4.6%/yr); 165 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d 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 $1k of loan paydown is wiped out by about $5k 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 45 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $85k; list at $155k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $117,954 (23.9% 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. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 5.20%
• Cash-on-cash: -3.92%
• DSCR: 0.83
• GRM: 10.9

CMA / ARV

• ARV (median comp): $198,829
• List price: $154,900
• Delta: -22.09%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2211 Western Ave	0.07mi	3/2.0	1,484 (+3%)	3mo	$175,000	$118	87
734 W 17th St	0.34mi	3/1.0	1,389 (-4%)	2mo	$138,000	$99	75
2627 Fair Ave	0.56mi	3/1.5	1,447 (+0%)	0mo	$168,000	$116	72
2718 Western Ave	0.35mi	3/1.5	1,539 (+7%)	2mo	$199,900	$130	70
2323 Frances Pl	0.30mi	3/2.0	1,293 (-10%)	1mo	$240,000	$186	67
911 W 16th St	0.47mi	3/1.0	1,356 (-6%)	2mo	$152,000	$112	65
2133 Warren St	0.17mi	3/1.0	1,626 (+13%)	4mo	$195,000	$120	65
2010 Lillie Ave	0.45mi	2/1.0 (-1)	1,350 (-6%)	4mo	$151,000	$112	58
1527 N Marquette St	0.63mi	4/1.5 (+1)	1,558 (+8%)	1mo	$80,444	$52	51
402 E Pleasant St	0.68mi	4/1.0 (+1)	1,300 (-10%)	1mo	$140,000	$108	44
119 E Hayes St	0.63mi	3/1.0	1,232 (-14%)	2mo	$187,000	$152	43
1442 W High St	0.69mi	2/2.0 (-1)	1,263 (-12%)	1mo	$130,000	$103	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 · 4.57% rent growth · sell at horizon

5-year hold

• IRR: -21.1%
• Equity multiple: 0.26×
• Total profit: $-32,212
• Equity at exit: $23,096

10-year hold

• IRR: -11.4%
• Equity multiple: 0.27×
• Total profit: $-31,572
• Equity at exit: $13,393

Cash invested: $43,372 (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 52803

• Home prices YoY: -34.5%
• Rents YoY: 4.6%
• Active inventory: 165
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,180 high
• Mortgage (P&I): −$812
• Tax from tax record: −$197 /mo · $2,360/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $-142

Break-even live

Break-even rent $1,359

Max offer price $129,871

Occupancy floor —

Sensitivity live

Price	-10% $-54	-5% $-98	+0% $-142	+5% $-186	+10% $-229
Rent	-10% $-235	-5% $-188	+0% $-142	+5% $-95	+10% $-49
Rate	-1.0pp $-64	-0.5pp $-102	base $-142	+0.5pp $-182	+1.0pp $-223

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1615 1/2 N Ripley St Davenport, IA	2.0	1.0	900	$825	$0.92	45d	1	0.42mi
537 W 16th St Davenport, IA	3.0	1.0	1311	$1,400	$1.07	45d	1	0.42mi
1519 N Ripley St Davenport, IA	2.0	1.0	1144	$1,100	$0.96	15d	1	0.47mi
1511 N Ripley St Davenport, IA	4.0	2.0	1872	$1,450	$0.77	23d	1	0.49mi
621 W 15th St Davenport, IA	4.0	2.0	1833	$1,500	$0.82	15d	1	0.49mi
201 E Locust St Unit Sw Davenport, IA	2.0	1.0	1000	$875	$0.88	45d	1	0.56mi
1323 N Gaines St Davenport, IA	4.0	2.0	1733	$1,350	$0.78	23d	1	0.58mi
2809 N Main St Davenport, IA	3.0	1.5	1000	$1,350	$1.35	23d	1	0.59mi
1315 Brown St Unit 2 Davenport, IA	3.0	1.0	1300	$1,250	$0.96	23d	1	0.59mi
1318 1/2 Brown St Davenport, IA	2.0	1.0	900	$875	$0.97	23d	1	0.59mi
2224 Iowa St Unit 2224 Davenport, IA	2.0	1.0	1214	$925	$0.76	45d	1	0.60mi
2224 Iowa St Davenport, IA	2.0	1.0	1214	$895	$0.74	45d	1	0.60mi
915 W 14th St Davenport, IA	3.0	1.0	1390	$900	$0.65	45d	1	0.61mi
1812 Pershing Ave Unit 1 Davenport, IA	3.0	1.0	1000	$1,200	$1.20	23d	1	0.62mi
1421 N Main St #2 Davenport, IA	3.0	1.0	1350	$1,095	$0.81	45d	1	0.63mi
317 Kirkwood Blvd Davenport, IA	2.0	1.0	1300	$950	$0.73	45d	1	0.73mi
2925 Dubuque St Unit 5N Davenport, IA	2.0	2.0	895	$825	$0.92	15d	1	0.77mi
119 E 13th St Davenport, IA	3.0	1.0	1728	$1,495	$0.87	45d	1	0.77mi
2209 Farnam St Unit 2211 Davenport, IA	3.0	1.0	1138	$1,050	$0.92	23d	1	0.78mi
320 E 29th St Davenport, IA	2.0	2.5	1450	$1,750	$1.21	45d	1	0.83mi
102 W 35th St Unit 105W_35 Davenport, IA	3.0	2.0	1500	$1,150	$0.77	45d	1	1.00mi
102 W 35th St Unit 104E_35R Davenport, IA	2.0	2.0	1200	$1,050	$0.88	23d	1	1.00mi
102 W 35th St Unit 130E_35R Davenport, IA	2.0	2.0	1200	$1,100	$0.92	15d	1	1.00mi
102 W 35th St Unit 128E_35R Davenport, IA	2.0	2.0	1200	$1,100	$0.92	23d	1	1.00mi
102 W 35th St Unit 119W_35R Davenport, IA	2.0	2.0	1200	$1,050	$0.88	45d	1	1.00mi
730 Brown St Unit 3 Davenport, IA	2.0	1.0	1000	$800	$0.80	45d	1	1.00mi
1421 Grand Ave Unit 1 Davenport, IA	2.0	1.0	1015	$850	$0.84	45d	1	1.02mi
1455 W 12th St Davenport, IA	3.0	1.0	942	$1,095	$1.16	15d	1	1.03mi
1723 W Locust St Davenport, IA	3.0	1.0	1690	$1,395	$0.83	45d	1	1.08mi
1607 W 12th St Davenport, IA	1.0–2.0	1.0	800	$740	$0.93	45d	3	1.17mi
1301 Arlington Ave Unit 1305 Davenport, IA	2.0	1.0	900	$895	$0.99	15d	1	1.19mi
321 E 7th St Davenport, IA	1.0–2.0	1.0	825	$1,050	$1.27	15d	4	1.26mi
427 N Brady St Unit 1 Davenport, IA	3.0	1.5	1126	$1,359	$1.21	45d	1	1.30mi
427 N Brady St Unit 6 Davenport, IA	2.0	1.0	916	$995	$1.09	45d	1	1.30mi
1017 E 13th St Unit 1017 Davenport, IA	2.0	1.0	1335	$950	$0.71	23d	1	1.30mi
511 Pershing Ave Unit 106E Davenport, IA	3.0	2.0	1349	$1,996	$1.48	45d	1	1.31mi
511 Pershing Ave Unit 102W Davenport, IA	2.0	1.0	1173	$1,506	$1.28	45d	1	1.31mi
511 Pershing Ave Unit 202W Davenport, IA	2.0	1.0	1201	$1,601	$1.33	45d	1	1.31mi
511 Pershing Ave Unit 402W Davenport, IA	2.0	2.0	1106	$1,478	$1.34	45d	1	1.31mi
511 Pershing Ave Apt 602W Davenport, IA	2.0	2.0	948	$1,367	$1.44	45d	1	1.31mi

Listing history 11 events

1. 2026-05-14
   status Pending 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

2. 2026-05-07
   price $154,900 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

3. 2026-05-02
   status Active 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

4. 2026-04-15
   historical Contingent - No Showings 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

5. 2026-04-06
   price $159,900 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

6. 2026-03-30
   listed $164,900 Active 311-char remark

   Show marketing remark (311 chars)

   Move in ready 3 bedroom Davenport ranch! Near Saint Ambrose University! Spacious living room, eat in kitchen, & stainless steel appliances stay! 3 bedrooms on the main level. The partially finished basement has a rec room for additional living space! Fenced yard & garage! Call for your private showing!

7. 2016-07-26
   soldstatus $85,000
8. 2016-07-21
   soldstatus $85,000 383-char remark

   Show marketing remark (383 chars)

   Near St. Ambrose University. New privacy fence. New furnace 2015. Hardwood floors in some rooms and under carpet. Third bedroom was designed to be either a bedroom or dining room. Water softener and filtration system. Dark room in basement for photo processing and could be converted to another bathroom. Needs some updating but very clean. Great for starter home or rental property.

9. 2016-07-21
   soldstatus $85,000 383-char remark

   Show marketing remark (383 chars)

   Near St. Ambrose University. New privacy fence. New furnace 2015. Hardwood floors in some rooms and under carpet. Third bedroom was designed to be either a bedroom or dining room. Water softener and filtration system. Dark room in basement for photo processing and could be converted to another bathroom. Needs some updating but very clean. Great for starter home or rental property.

10. 2016-07-05
    listed $89,000 383-char remark

    Show marketing remark (383 chars)

    Near St. Ambrose University. New privacy fence. New furnace 2015. Hardwood floors in some rooms and under carpet. Third bedroom was designed to be either a bedroom or dining room. Water softener and filtration system. Dark room in basement for photo processing and could be converted to another bathroom. Needs some updating but very clean. Great for starter home or rental property.

11. 2016-07-05
    listed $89,000 383-char remark

    Show marketing remark (383 chars)

    Near St. Ambrose University. New privacy fence. New furnace 2015. Hardwood floors in some rooms and under carpet. Third bedroom was designed to be either a bedroom or dining room. Water softener and filtration system. Dark room in basement for photo processing and could be converted to another bathroom. Needs some updating but very clean. Great for starter home or rental property.

ⓘ 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: $2,360 · $197/mo
• Projected year-2 tax: $2,396 · $200/mo
• Expected delta: +$36/yr (+$3/mo · 1.5%)

ⓘ 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: $14,154
• − Mortgage interest: −$8,677
• − Property taxes: −$2,360
• − Insurance: −$774
• − Repairs & maintenance: −$1,132
• − Management: −$1,132
• − Depreciation: −$4,506
• Taxable loss: −$4,428
• Est. tax savings @ 24.0%: +$1,063
• After-tax cash flow: $-638/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): 22,742
• Household income: $64,543
• Rent vs Own: 33.3% rent · 66.7% own
• Severe rent burden: 630.0

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 (69%)
• Race & ethnicity: White 69% Black 14% Two or more races 10% Hispanic / Latino 9%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 2% Portuguese 2% Iranian 2%
• Foreign-born: 5% · Canada, United Kingdom, South Korea
• Languages at home: 93% English-only · Spanish 4% French/Haitian/Cajun 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: ▼ -96.00%
• Current HPI: 182.0976
• Rent YoY: ▲ 4.57%
• 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

+74.0% since first listed

11 events — show timeline

• 2026-05-14 Pending — MRED as Distributed by MLS Grid
• 2026-05-07 Price Changed $154,900 MRED as Distributed by MLS Grid
• 2026-05-02 Relisted — MRED as Distributed by MLS Grid
• 2026-04-15 Contingent — MRED as Distributed by MLS Grid
• 2026-04-06 Price Changed $159,900 MRED as Distributed by MLS Grid
• 2026-03-30 Listed $164,900 MRED as Distributed by MLS Grid
• 2016-07-26 Sold (Public Records) $85,000 Public Records
• 2016-07-21 Sold (MLS) $85,000 RMLSA as Distributed by MLS Grid
• 2016-07-21 Sold (MLS) $85,000 MRED as Distributed by MLS Grid
• 2016-07-05 Listed $89,000 RMLSA as Distributed by MLS Grid
• 2016-07-05 Listed $89,000 MRED as Distributed by MLS Grid

Property tax history

+1.9%/yr

Latest (2025): $2,360 · +4.2% YoY. Source: county tax records.