2705 36th StRock 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 2705 36th St, Rock Island, IL, 61201 listed at $369,000 pairs $2,797/mo rent with a $1,806/mo payment to leave $238/mo cash flow. Total monthly income runs $2,797/mo, and annual cash flow reaches $2,851/yr on $122,324 cash to close. Return on cash invested measures 22.24% in year one, and rental yield registers 9.1% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 116.33% and total cumulative return in cash totals $142,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,797/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
1,368 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: Paula Nabb • Mel Foster Co. Moline
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269530