LOT 13 17th AveSilvisIL61282
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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
Rental property for sale in Silvis at LOT 13 17th Ave, Silvis, IL, 61282 priced at $295,900 converts $1,824/mo rent into after a $1,448/mo obligation. Total monthly income equals $1,824/mo. Return on cash invested prints 17.12% in year one, and rental yield reads 7.4% against a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation compiles into $81,752 by year five. Five-year ROI reaches 88.85% and total cumulative return in cash sums $87,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $1,448/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61282, Silvis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,032 (50.6%) |
| Renter Occupied HU | 1,576 (39.3%) |
| Vacant Housing Units | 406 (10.1%) |
| Median Home Value | $166,000 |
| Average Home Value | $187,550 |
Housing Distribution
Address Breakdown
Residential
3,865
Single Family
3,126
Multi-Family
739
Businesses
208
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