1513 21st Ave #7Rock IslandIL61201
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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 Rock Island at 1513 21st Ave #7, Rock Island, IL, 61201 listed at $141,000 pairs $1,050/mo rent with a $690/mo payment. Total monthly income runs $1,050/mo. Return on cash invested measures 16.11% in year one, and rental yield registers 8.94% at a $141,000 basis. Equity gained on principal adds $910/yr, and annual property appreciation at 5% supports $38,956 by year five. Five-year ROI tracks 85.62% and total cumulative return in cash totals $40,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,050/mo property income relative to a $690/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
$220 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,782
Single Family
13,584
Multi-Family
2,198
Businesses
990
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Listed by: Mikki Vrban Krantz • NextHome QC Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262871
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