2315 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 2315 11th St, Silvis, IL, 61282 offers a 14.43% rental yield on a $116,900 purchase with $1,406/mo rent. Total monthly income registers $1,406/mo, and a $572/mo payment leaves $595/mo available for distribution. Annual cash flow reaches $7,144/yr on $38,752 to close, and return on cash invested stands at 38.34% in year one. Equity gained on principal adds $754/yr while 5% annual appreciation supports $32,297 over five years. Portfolio math shows five-year ROI at 202.75% and total cumulative return in cash at $78,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,406/mo property income against a $572/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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