5460 Moline Rd, Erie, IL, 61250 | 7.07% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1676 sft

1620 N 3rd St, Clinton, IA, 52732

4 Bed
1 Bath
1684 sft

419 50th St, Moline, IL, 61265

5 Bed
2 Bath
3720 sft

210 S Genesee St, Morrison, IL, 61270

3 Bed
1 Bath
992 sft

1027 16th Ave, Fulton, IL, 61252

Nearby investment properties with comparable prices

4 Bed
2 Bath
2077 sft

612 13th Ave N, Clinton, IA, 52732

2 Bed
2 Bath
1128 sft

1208 18th St, Bettendorf, IA, 52722

3 Bed
1 Bath
1369 sft

2306 13th Ave S, Clinton, IA, 52732

2 Bed
2 Bath
1484 sft

3320 N Willow Ct, Bettendorf, IA, 52722

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,266/mo, and a $1,052/mo payment. Purchase price stands at $214,900, and rental yield measures 7.07% with $1,266/mo rent. Return on cash invested shows 16.12% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 83.57% and total cumulative return in cash records $59,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,266/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Single Family

Built in 1976

4.60 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61250, Erie, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,101 (100%)
Owner Occupied HU	848 (77.0%)
Renter Occupied HU	175 (15.9%)
Vacant Housing Units	78 ( 7.1%)
Median Home Value	$170,152
Average Home Value	$206,657