1406 15th StSilvisIL61282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Silvis at 1406 15th St, Silvis, IL, 61282 earns $160/mo cash flow from $1,305/mo rent with a $808/mo payment. Total monthly income totals $1,305/mo, and annual cash flow totals $1,921/yr on $54,698 capital. ROI tracks 23.42% on current figures, and rental yield reads 9.49% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 122.77% and total cumulative return in cash sums $67,151. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,305/mo property income instead of your personal income.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61282, Silvis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,032 (50.6%) |
| Renter Occupied HU | 1,576 (39.3%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $166,000 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,126
Multi-Family
739
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices