1402 18th AveViolaIL61486
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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 Viola at 1402 18th Ave, Viola, IL, 61486 offers a 11.43% rental yield on a $140,000 purchase with $1,333/mo rent. Total monthly income registers $1,333/mo, and a $685/mo payment leaves $362/mo available for distribution. Annual cash flow reaches $4,346/yr on $46,410 to close, and return on cash invested stands at 29.27% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 154.15% and total cumulative return in cash at $71,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,333/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61486, Viola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 516 (76.3%) |
| Renter Occupied HU | 90 (13.3%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $143,750 |
| Average Home Value | $184,753 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
430
Multi-Family
8
Businesses
40
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Listed by: Sherri Stout • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265106
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.