1215-1215 1/2 20th St, Rock Island, IL, 61201 | $192/mo Cash Flow

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1215-1215 1/2 20th St, Rock Island, IL, 61201 | $192/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rock Island at 1215-1215 1/2 20th St, Rock Island, IL, 61201 listed at $155,000 pairs $1,267/mo rent with a $759/mo payment to leave $192/mo cash flow. Total monthly income runs $1,267/mo, and annual cash flow reaches $2,298/yr on $51,383 cash to close. Return on cash invested measures 24.38% in year one, and rental yield registers 9.81% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 127.85% and total cumulative return in cash totals $65,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,267/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1906

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Mission-Style Duplex in Rock Island! Dont miss this beautifully maintained two-story duplex, perfect for an owner-occupant or investor. A spacious, covered front porch welcomes you inside. The main level features a bright living room and informal dining area with gleaming hardwood floors and elegant crown molding. The kitchen offers durable laminate flooring and floor-to-ceiling cabinetry for maximum storage. The large primary bedroom has hardwood flooring, a full en suite bath, and a fireplace with a stunning full mantle. A bonus attic room adds flexible living space. Upstairs, youll find more hardwood floors throughout the bedrooms and dining area, plus another kitchen with laminate flooring and generous cabinetry. While theres no garage, theres ample off-street parking. This well-cared-for property is a fantastic investment opportunity in a great location!

Neighborhood Data

Neighborhood data shown for ZIP Code: 61201, Rock Island, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,404 (100%)
Owner Occupied HU	9,750 (56.0%)
Renter Occupied HU	5,539 (31.8%)
Vacant Housing Units	2,115 (12.2%)
Median Home Value	$122,396
Average Home Value	$161,101