2948 14th Ave, Rock Island, IL, 61201 | 7.13% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rock Island at 2948 14th Ave, Rock Island, IL, 61201 earns from $1,151/mo rent with a $948/mo payment. Total monthly income totals $1,151/mo. ROI tracks 14% on current figures, and rental yield reads 7.13% at a $193,600 purchase. Equity gained on principal adds $1,249/yr, and 5% annual appreciation supports $53,488 over five years. Five-year ROI reaches 72.96% and total cumulative return in cash sums $46,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,151/mo property income instead of your personal income.

Multi Family

Built in 1966

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