2112 35th St APT 7, Rock Island, IL, 61201 | $426/mo Cash Flow

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2112 35th St APT 7, Rock Island, IL, 61201 | $426/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 Rock Island at 2112 35th St APT 7, Rock Island, IL, 61201 earns $426/mo cash flow from $1,363/mo rent with a $661/mo payment. Total monthly income totals $1,363/mo, and annual cash flow totals $5,116/yr on $44,753 capital. ROI tracks 31.34% on current figures, and rental yield reads 12.12% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 165.2% and total cumulative return in cash sums $73,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,363/mo property income instead of your personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Unit #7 at Hodge Park Condosthe only unit in this community with a bathroom on every level! This beautifully updated home offers two full baths plus a main-level half bath, making daily living and entertaining effortless. You'll love the updated appliances, vaulted ceilings, and skylight that fills the open-concept main level with natural light. Upstairs, the loft provides the perfect flex space for a home office or cozy reading nook. The bedroom has a large wall wardrobe and convenient full bathroom. The fully finished lower level includes a spacious family room, bedroom, and full bathroomperfect for guests, hobbies, or extra living space. Enjoy your morning coffee or unwind in the evening on the beautiful back deck overlooking the serene parkgreen space without the upkeep! Plus, this unit includes a 1-car garage and an extra parking space. Quiet, tucked-away location that still keeps you close to what you need.

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