522 Avenue Of The CitiesEast MolineIL61244
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
Rental property for sale in East Moline at 522 Avenue Of The Cities, East Moline, IL, 61244 priced at $155,900 converts $1,582/mo rent into $472/mo cash flow after a $763/mo obligation. Total monthly income equals $1,582/mo, and annual cash flow totals $5,669/yr on $51,681 invested. Return on cash invested prints 30.88% in year one, and rental yield reads 12.18% against a $155,900 entry. Equity gained on principal adds $1,006/yr, while 5% annual appreciation compiles into $43,072 by year five. Five-year ROI reaches 162.93% and total cumulative return in cash sums $84,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,582/mo property income covering a $763/mo payment, not borrower’s personal income.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61244, East Moline, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,945 (100%) |
| Owner Occupied HU | 6,585 (60.2%) |
| Renter Occupied HU | 3,397 (31.0%) |
| Vacant Housing Units | 963 ( 8.8%) |
| Median Home Value | $146,112 |
| Average Home Value | $172,194 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
8,283
Multi-Family
1,800
Businesses
540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Peiffer • Realty One Group Opening Doors
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4258259
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.