3632 15th StMolineIL61265
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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
Rental property for sale in Moline at 3632 15th St, Moline, IL, 61265 generates $1,229/mo in rent and, after a $627/mo payment, leaves $342/mo in cash flow. Total monthly income is $1,229/mo, and annual cash flow is $4,100/yr on $42,432 invested. Return on cash invested sits at 29.57% in year one, and rental yield is 11.52% on a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 155.68% and total cumulative return in cash sums $66,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,229/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No 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: Jaclyn Mayse • EXP REALTY, LLC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261958
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.