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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Reynolds at 711 W Main St, Reynolds, IL, 61279 priced at $168,000 pairs $1,115/mo rent with after a $822/mo payment. Total monthly income equals $1,115/mo. Return on cash invested is 18.83% in year one, and rental yield stands at 7.96% on a $168,000 basis. Equity gained on principal adds $1,084/yr, and 5% annual appreciation accumulates to $46,415 by year five. Five-year ROI measures 98.01% and total cumulative return in cash reaches $54,581. For financing, Ziffy Mortgage’s DSCR program evaluates $1,115/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 61279, Reynolds, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 342 (76.3%) |
| Renter Occupied HU | 50 (11.2%) |
| Vacant Housing Units | 56 (12.5%) |
| Median Home Value | $196,622 |
| Average Home Value | $223,414 |
Residential
325
Single Family
325
Multi-Family
0
Businesses
13
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $168,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $1666.36 | -0.71% | $35,734 | 2.00% |
| 2022-04-09 | $1678.32 | -5.64% | $35,033 | 5.50% |
| 2021-04-09 | $1778.68 | 0.35% | $33,206 | N/A |
Listed by: Dan DePorter • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262067
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.
