314 W 3rd StProphetstownIL61277
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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 Prophetstown at 314 W 3rd St, Prophetstown, IL, 61277 earns $82/mo cash flow from $983/mo rent with a $636/mo payment. Total monthly income totals $983/mo, and annual cash flow totals $981/yr on $43,062 capital. ROI tracks 22.19% on current figures, and rental yield reads 9.08% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 116.05% and total cumulative return in cash sums $49,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $983/mo property income instead of your personal income.
Single Family
Built in 1944
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61277, Prophetstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,053 (71.4%) |
| Renter Occupied HU | 252 (17.1%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $164,983 |
| Average Home Value | $205,166 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,312
Multi-Family
28
Businesses
98
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Listed by: Rachel Thomas • Real Broker, LLC - Bettendorf
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269562