Hello! I recently found a duplex near W 14th and 15th & Warren St in Davenport, IA, that makes a lot of sense when I run the numbers on it. However, having never been there myself, I'm hoping that some local folks would be willing to help me determine what class of neighborhood it is. I've also found a few comparable rents on Craigslist that say I should be able to get about $700-$775/month for each unit. Does that seem reasonable?
Any input would be appreciated!
I am glad to hear about your interest in the Quad Cities. It is a great place to live and invest.
On a grading scale from A-D, I would consider that neighborhood class C. Definitely not the best, and definitely not the worst. If I found a deal there that made sense I would be willing to invest in it. Without knowing more details about it, I am not sure if that rent would be reasonable or not. I would be happy to get in touch with you to help you out further with this deal. I'll send you a message!
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