3143 4th St #3143MolineIL61265
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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
Total monthly income runs $774/mo, and a $499/mo payment. Purchase price stands at $102,000, and rental yield measures 9.11% with $774/mo rent. Return on cash invested shows 15.82% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 84.24% and total cumulative return in cash records $28,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $774/mo property income covering a $499/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61265, Moline, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,040 (100%) |
| Owner Occupied HU | 12,470 (59.3%) |
| Renter Occupied HU | 6,581 (31.3%) |
| Vacant Housing Units | 1,989 ( 9.5%) |
| Median Home Value | $160,589 |
| Average Home Value | $194,974 |
Housing Distribution
Address Breakdown
Residential
20,307
Single Family
17,420
Multi-Family
2,887
Businesses
1,655
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Listed by: Cindy B • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263445
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