1215 35th Street DrMolineIL61265
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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
Total monthly income runs $1,588/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 8.47% with $1,588/mo rent. Return on cash invested shows 16.88% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 88.85% and total cumulative return in cash records $66,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$190 monthly 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: Carrie Fanderclai • Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265977
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.