2544 20th 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 2544 20th Ave, Rock Island, IL, 61201 offers a 12.64% rental yield on a $129,900 purchase with $1,368/mo rent. Total monthly income registers $1,368/mo, and a $636/mo payment leaves $467/mo available for distribution. Annual cash flow reaches $5,601/yr on $43,062 to close, and return on cash invested stands at 32.92% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 173.6% and total cumulative return in cash at $74,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,368/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
N/A 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: Derek Morgan • USRealty.com, LLP
Mls Name: RMLS Alliance
Mls ID: #CA1038474