18616 35th Ave NEast MolineIL61244
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 18616 35th Ave N, East Moline, IL, 61244 in East Moline. Rental yield 6.46%. The 1.20 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $94,737 and $3,158/yr in principal reduction project total return of $96,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.0% |
| Monthly Cash Flow | $(533) | $1,200 |
City averages based on East Moline market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,846 |
| Total Monthly Debt Service | $2,242 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
8.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
8,283
Multi-Family
1,800
Businesses
540
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
Single Family
Built in 1970
8.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
8,283
Multi-Family
1,800
Businesses
540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Schramm • KW 1Advantage
Mls Name: RMLS Alliance
Mls ID: #QC4264117