2530 37th AveRock IslandIL61201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2530 37th Ave, Rock Island, IL, 61201 listed at $274,900 pairs $2,209/mo rent with a $1,346/mo payment to leave $303/mo cash flow. Total monthly income runs $2,209/mo, and annual cash flow reaches $3,633/yr on $91,129 cash to close. Return on cash invested measures 23.9% in year one, and rental yield registers 9.64% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 125.19% and total cumulative return in cash totals $114,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,209/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby McAlister • Cornerstone Partners QC - Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269788