3640 N Shore DrMolineIL61265
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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 3640 N Shore Dr, Moline, IL, 61265 generates $2,017/mo in rent and, after a $1,272/mo payment, leaves $214/mo in cash flow. Total monthly income is $2,017/mo, and annual cash flow is $2,572/yr on $86,157 invested. Return on cash invested sits at 22.89% in year one, and rental yield is 9.31% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 119.88% and total cumulative return in cash sums $103,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,017/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
0.29 Acres 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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