LOT 2 23rd 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
Investment property for sale in Silvis at LOT 2 23rd Ave, Silvis, IL, 61282 listed at $304,990 pairs $2,186/mo rent with a $1,493/mo payment to leave $70/mo cash flow. Total monthly income runs $2,186/mo, and annual cash flow reaches $844/yr on $101,104 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 8.6% at a $304,990 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,263 by year five. Five-year ROI tracks 108.33% and total cumulative return in cash totals $109,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,186/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,534 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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