26622 109th Ave W #WIllinois CityIL61259
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 26622 109th Ave W #W, Illinois City, IL, 61259 in Illinois City worth study. Rental yield 0%. The 0% gross yield is below cash-flow benchmarks at $156,000, but 5% annual appreciation, adding $43,100 over five years, frames this as a capital growth position. Rent of $0/mo partially offsets the $701/mo payment. Ziffy Mortgage finances appreciation-play properties (0.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $200 |
City averages based on Illinois City market data in our database. Property projections are estimates.
Single Family
Built in 1923
4.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61259, Illinois City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 433 (82.2%) |
| Renter Occupied HU | 54 (10.2%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,274 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1923
4.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61259, Illinois City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 433 (82.2%) |
| Renter Occupied HU | 54 (10.2%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,274 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Melissa Zell • Ruhl & Ruhl Realtors
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #25-247
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.