3388 37th Ave #3MolineIL61265
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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 Moline at 3388 37th Ave #3, Moline, IL, 61265 earns from $818/mo rent with a $534/mo payment. Total monthly income totals $818/mo. ROI tracks 15.31% on current figures, and rental yield reads 9.01% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 81.66% and total cumulative return in cash sums $29,506. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $818/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$200 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: #QC4259376
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.