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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 904 W Main St, Reynolds, IL, 61279 generates $1,963/mo in rent and, after a $1,131/mo payment, leaves $333/mo in cash flow. Total monthly income is $1,963/mo, and annual cash flow is $3,994/yr on $76,577 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 10.2% on a $231,000 entry. Equity gained on principal adds $1,491/yr, while 5% annual appreciation builds toward $63,821 over five years. Five-year ROI reaches 131.96% and total cumulative return in cash sums $101,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,963/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3 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 |
|---|---|---|
| 2025-07-31 | Sold | $231,000 |
| 2025-06-23 | Pending sale | $227,900 |
| 2025-06-13 | Price change | $227,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $4833.76 | 7.95% | $69,658 | 8.50% |
| 2023-10-16 | $4477.76 | 4.54% | $64,201 | 4.77% |
| 2022-10-16 | $4283.44 | 0.15% | $61,278 | 5.50% |
Listed by: Tyler Fuhr • RE/MAX Concepts Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264049
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.
