8620 114th Ave WTaylor RidgeIL61284
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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 $1,692/mo, and a $1,552/mo payment. Purchase price stands at $317,000, and rental yield measures 6.41% with $1,692/mo rent. Return on cash invested shows 14.12% in year one, and 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 72.77% and total cumulative return in cash records $76,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,692/mo property income covering a $1,552/mo payment rather than investor’s personal income.
Single Family
Built in 1971
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61284, Taylor Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,028 (100%) |
| Owner Occupied HU | 889 (86.5%) |
| Renter Occupied HU | 89 ( 8.7%) |
| Vacant Housing Units | 50 ( 4.9%) |
| Median Home Value | $243,382 |
| Average Home Value | $261,690 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
28
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Listed by: Jean Mueller • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls ID: #QC4267197