752 17th AveEast MolineIL61244
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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
Total monthly income runs $486/mo, and a $489/mo payment. Purchase price stands at $100,000, and rental yield measures 5.83% with $486/mo rent. Return on cash invested shows 12.41% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 63.65% and total cumulative return in cash records $21,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $486/mo property income covering a $489/mo payment rather than investor’s personal income.
Townhouse
Built in 1920
4,800 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
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Listed by: Dave Rossa • Mel Foster Co. Moline
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4267730