2311 11th StSilvisIL61282
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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 Silvis at 2311 11th St, Silvis, IL, 61282 uses $44,719 cash to close to unlock $4,387/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $1,301/mo, and a $660/mo payment keeps the spread at $366/mo. Purchase price stands at $134,900, and rental yield measures 11.57% with $1,301/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 156.48% and total cumulative return in cash records $69,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,301/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61282, Silvis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,032 (50.6%) |
| Renter Occupied HU | 1,576 (39.3%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $166,000 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,126
Multi-Family
739
Businesses
208
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