439/441 18th Ave #A-2MolineIL61265
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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 439/441 18th Ave #A-2, Moline, IL, 61265 generates $2,999/mo in rent and, after a $661/mo payment, leaves $2,062/mo in cash flow. Total monthly income is $2,999/mo, and annual cash flow is $24,748/yr on $44,753 invested. Return on cash invested sits at 75.21% in year one, and rental yield is 26.66% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 400.44% and total cumulative return in cash sums $179,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,999/mo property income rather than buyer’s personal income.
Multi Family
Built in 1916
3,049 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: Stephanie Simmons • Keller Williams Greater Quad Cities / Midwest Partners
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4257156
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.