1006 40th StMolineIL61265
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Moline at 1006 40th St, Moline, IL, 61265 uses $44,753 cash to close to unlock $16,312/yr annual cash flow and $1,359/mo monthly cash flow. Total monthly income runs $2,296/mo, and a $661/mo payment keeps the spread at $1,359/mo. Purchase price stands at $135,000, and rental yield measures 20.41% with $2,296/mo rent. Return on cash invested shows 56.36% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 299.38% and total cumulative return in cash records $133,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,296/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61265, Moline, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,040 (100%) |
| Owner Occupied HU | 12,470 (59.3%) |
| Renter Occupied HU | 6,581 (31.3%) |
| Vacant Housing Units | 1,989 ( 9.5%) |
| Median Home Value | $160,589 |
| Average Home Value | $194,974 |
Housing Distribution
Address Breakdown
Residential
20,307
Single Family
17,420
Multi-Family
2,887
Businesses
1,655
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Listed by: Brandon Holtam • Epique Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.