1840 37th StMolineIL61265
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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 Moline at 1840 37th St, Moline, IL, 61265 offers a 9% rental yield on a $191,900 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $939/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,310/yr on $63,615 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $1,238/yr while 5% annual appreciation supports $53,018 over five years. Portfolio math shows five-year ROI at 114.93% and total cumulative return in cash at $73,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $939/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No 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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