North Davenport
Newer SFRs, family renters.
Davenport, IA
Short answer: yes — for cash-flow investors. Davenport's median cap rate runs about 8.0% (Iowa state median), above the ~6.5% national median, with typical rent at $1,143–$1,498/mo and Iowa property tax near 1.52%.
Davenport anchors the Quad Cities on the Mississippi — manufacturing and logistics employment with very affordable entry.
Davenport market snapshot
Cash-flow marketHigher typical cap rates — built for monthly cash flow more than price growth.
Typical cap rate
8.0%
Iowa state median
Typical rent
$1,143–$1,498/mo
HUD FMR · 2–3BR · 2026
Typical price
$140,000–$220,000
est., all-in
Property tax
1.52%
Iowa effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
Low prices and solid ratios drive strong cash-on-cash; a steady Midwest yield market. Reserve for older stock.
See the full Iowa investing guide — taxes, landlord law & top metros →
North Davenport
Newer SFRs, family renters.
Bettendorf
Adjacent; desirable, top schools, low vacancy.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
Paste a Davenport address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Iowa tax and HUD rent so you start from the right assumptions.
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