2428 18th AveRock IslandIL61201
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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 Rock Island at 2428 18th Ave, Rock Island, IL, 61201 earns $905/mo cash flow from $1,930/mo rent with a $661/mo payment. Total monthly income totals $1,930/mo, and annual cash flow totals $10,864/yr on $44,786 capital. ROI tracks 44.17% on current figures, and rental yield reads 17.14% at a $135,100 purchase. Equity gained on principal adds $872/yr, and 5% annual appreciation supports $37,326 over five years. Five-year ROI reaches 234.84% and total cumulative return in cash sums $105,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,930/mo property income instead of your personal income.
Single Family
Built in 1923
5,623 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,782
Single Family
13,584
Multi-Family
2,198
Businesses
990
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Listed by: N/A • N/A
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