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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rock Island at 2112 35th St APT 2, Rock Island, IL, 61201 generates $1,663/mo in rent and, after a $562/mo payment, leaves $638/mo in cash flow. Total monthly income is $1,663/mo, and annual cash flow is $7,650/yr on $38,089 invested. Return on cash invested sits at 39.99% in year one, and rental yield is 17.37% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 214.18% and total cumulative return in cash sums $81,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,663/mo property income rather than buyer’s personal income.
Condo
Built in 1983
0.94 Acres lot
$N/A/sqft
$210 monthly HOA
Neighborhood data shown for ZIP Code: 61201, Rock Island, IL area.
| 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 |
Residential
15,782
Single Family
13,584
Multi-Family
2,198
Businesses
990
Date | Event | Price |
|---|---|---|
| 2024-08-24 | Listed for sale | $114,900 |
| 2019-11-26 | Sold | $79,000 |
| 2016-07-28 | Sold | $77,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2467.12 | -3.43% | $30,201 | -2.50% |
| 2022-10-16 | $2554.72 | 3.36% | $30,975 | 5.30% |
| 2021-10-16 | $2471.64 | 2.87% | $29,416 | 2.80% |
Listed by: Jeremy Albrecht • Realty One Group Opening Doors
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255813
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
