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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% |
Investment property for sale in Rock Island at 2227 39th St, Rock Island, IL, 61201 uses $53,040 cash to close to unlock $3,946/yr annual cash flow and $329/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $783/mo payment keeps the spread at $329/mo. Purchase price stands at $160,000, and rental yield measures 11.21% with $1,495/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 144.19% and total cumulative return in cash records $76,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1951
8,712 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-05-23 | Listed for sale | $160,000 |
| 2017-10-23 | Sold | $85,500 |
| 2004-01-22 | Sold | $79,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3798.40 | 15.02% | $43,260 | 13.00% |
| 2022-10-16 | $3302.32 | 3.06% | $38,284 | 5.30% |
| 2021-10-16 | $3204.24 | 2.70% | $36,357 | 2.80% |
What's Special
Storage
Listed by: Kerry Panozzo • HomeSmart Residential and Commercial Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4252917
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.
