302 9th StSilvisIL61282
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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 Silvis at 302 9th St, Silvis, IL, 61282 listed at $525,000 pairs $1,344/mo rent with a $2,570/mo payment. Total monthly income runs $1,344/mo. Return on cash invested measures 4.1% in year one, and rental yield registers 3.07% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 19.02% and total cumulative return in cash totals $32,853. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,344/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61282, Silvis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,032 (50.6%) |
| Renter Occupied HU | 1,576 (39.3%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $166,000 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,126
Multi-Family
739
Businesses
208
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