4412 River Dr UNIT 203MolineIL61265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4412 River Dr UNIT 203, Moline, IL, 61265 offers a 9.74% rental yield on a $305,919 purchase with $2,484/mo rent. 48% in year one. Equity gained on principal adds $1,974/yr while 5% annual appreciation supports $84,520 over five years. Portfolio math shows five-year ROI at 88.26% and total cumulative return in cash at $89,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,484/mo property income against a $1,497/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$480 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices