1800 7th St UNIT 2A, East Moline, IL, 61244 | $126/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1800 7th St UNIT 2A, East Moline, IL, 61244 | $126/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 East Moline at 1800 7th St UNIT 2A, East Moline, IL, 61244 listed at $125,000 pairs $993/mo rent with a $612/mo payment to leave $126/mo cash flow. Total monthly income runs $993/mo, and annual cash flow reaches $1,509/yr on $41,438 cash to close. Return on cash invested measures 23.55% in year one, and rental yield registers 9.53% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 123.38% and total cumulative return in cash totals $51,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $993/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome into a 3 bedroom, 2 bath condo with an updated kitchen. The kitchen has white cabinets and quartz countertops. The kitchen has plenty of counter space and storage. There is also a pantry when you enter the front door. The 3rd bedroom seller is using it as a family room. Dining room area opens to the kitchen and also has doors if you want to close it off. The master is spacious and has an attached bath. Lots of closets and storage space. The shower in the bath is fabulous. Appliances stay but not warranted. The listing has a list of items the HOA dues pay. You can have a garage space for $60 per month. You can have 2 cats. no dogs. There is a pool, lounge area you can use for entertaining, library closet, kitchen closet in the lounge. Exercise room. You certainly won't lack any closet and storage space in this condo.

Neighborhood Data

Neighborhood data shown for ZIP Code: 61244, East Moline, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,945 (100%)
Owner Occupied HU	6,585 (60.2%)
Renter Occupied HU	3,397 (31.0%)
Vacant Housing Units	963 ( 8.8%)
Median Home Value	$146,112
Average Home Value	$172,194