4313 23rd AveRock IslandIL61201
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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 Rock Island at 4313 23rd Ave, Rock Island, IL, 61201 earns $275/mo cash flow from $1,513/mo rent with a $808/mo payment. Total monthly income totals $1,513/mo, and annual cash flow totals $3,300/yr on $54,698 capital. ROI tracks 25.94% on current figures, and rental yield reads 11% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash sums $74,939. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.
Single Family
Built in 1947
8,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61201, Rock Island, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,404 (100%) |
| Owner Occupied HU | 9,750 (56.0%) |
| Renter Occupied HU | 5,539 (31.8%) |
| Vacant Housing Units | 2,115 (12.2%) |
| Median Home Value | $122,396 |
| Average Home Value | $161,101 |
Housing Distribution
Address Breakdown
Residential
15,782
Single Family
13,584
Multi-Family
2,198
Businesses
990
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Listed by: Tracey DeVolder • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261374
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.