702 20th StRock IslandIL61201
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 702 20th St, Rock Island, IL, 61201 in Rock Island worth study. Rental yield 3.55%. The 3.55% gross yield is below cash-flow benchmarks at $499,000, but 5% annual appreciation, adding $137,865 over five years, frames this as a capital growth position. Rent of $1,476/mo partially offsets the $2,244/mo payment. Ziffy Mortgage finances appreciation-play properties (0.66 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $63,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 6.5% |
| Monthly Cash Flow | $(1,985) | $250 |
City averages based on Rock Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,476 |
| Total Monthly Debt Service | $3,263 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1888
0.68 Acres 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
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
Single Family
Built in 1888
0.68 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Sommers • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4259829
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.