1306 17th St · East Moline, IL 61244

$28,000

3 bd · 2.0 ba · 1,477 sqft · SingleFamily public records · 3 Days on market

Built 1915 6,098 sqft lot ↓ 60% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

OCCUPIED BY THE SAME FAMILY THROUGH GENERATIONS. XYNCE WINDOWS, ENERGY EFFICIENT FURN, NEWER ROOF, AND UNBELIEVABLE AMOUNT OF STORAGE IN ATTIC BASEMENT, AS WELL AS FULL WALK-UP STORAGE ABOVE 2-CAR GARAGE. LOTS OF GREAT WOODWORK AND ONE ON THOSE SINKS SURROUNDED BY A PANTRY, AND MAIN FLOOR LAUNDRY WITH MORE STORAGE AREA. PRICED TO SELL.

Key facts

• Fenced yard
• Front porch
• 6,098 sq ft lot

Tags

• FRONT PORCH
• FENCED YARD

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Utilities: Public water; Public sewer
• Home design: Detached single-family home; Two-story layout; Fee simple ownership; Built over 100 years ago; Asphalt roof; Brick/mortar foundation
• Construction: Brick/mortar foundation; Asphalt roof; Built before 1978
• Exterior features: Level lot

Interior

• Kitchen: Kitchen on main level (10 x 12) with vinyl flooring
• Bedrooms: Master bedroom on second floor (10 x 12) with laminate flooring; Second bedroom on second floor (10 x 12) with hardwood flooring; Third bedroom on second floor (10 x 11) with laminate flooring; Den on second floor (6 x 11) with other flooring
• Flooring: Hardwood flooring in living room, family room, and some bedrooms; Laminate flooring in master bedroom and one bedroom; Vinyl flooring in kitchen; Other flooring in den
• Bathrooms: Two full bathrooms
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Seven total rooms; Unfinished partial basement
• Laundry & utility: Main-level laundry room (4 x 4)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $28k.

Deal economics

• At list price, monthly cash flow is $706 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $28k).
• Cap rate 36.5% vs local median 3.5% in East Moline — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#870 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment C-, schools F.
• United Twp Hsd 30 (suburban): math 12% / reading 15% proficiency, ranked #536 of 620 in IL (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 124 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 116 units permitted in Rock Island County in 2024 (50 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $194 of loan paydown is wiped out by about $840 of value loss. Plan a longer hold.
• Rock Island County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $28,000

Questions for the listing agent

1. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 4.06% ✓
• Cap rate: 36.54%
• Cash-on-cash: 108.01%
• DSCR: 5.81
• GRM: 2.1

CMA / ARV

• ARV (on-the-fly): $137,361
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2019 11th Street Pl	0.56mi	4/2.5 (+1)	1,594 (+8%)	2mo	$202,000	$127	51
1352 10th Ave	0.22mi	2/2.0 (-1)	1,312 (-11%)	20mo	$122,000	$93	50
1133 20th Ave	0.50mi	3/2.0	1,260 (-15%)	9mo	$210,000	$167	45
158 5th St	0.63mi	3/1.0	1,292 (-12%)	4mo	$90,000	$70	42
225 Hero St	0.62mi	2/1.0 (-1)	1,404 (-5%)	22mo	$18,500	$13	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 6.16×
• Total profit: $40,424
• Equity at exit: $4,175

10-year hold

• IRR: —
• Equity multiple: 12.88×
• Total profit: $93,144
• Equity at exit: $2,421

Cash invested: $7,840 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61244

• Active inventory: 124
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $1,138 high
• Mortgage (P&I): −$147
• Tax est. 1.5%: −$35 /mo · $420/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $706

Break-even live

Break-even rent $245

Max offer price $28,000

Occupancy floor 33%

Sensitivity live

Price	-10% $725	-5% $715	+0% $706	+5% $696	+10% $686
Rent	-10% $616	-5% $661	+0% $706	+5% $751	+10% $796
Rate	-1.0pp $720	-0.5pp $713	base $706	+0.5pp $698	+1.0pp $691

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,000
• Closing costs: $840
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
123 3rd St Unit House Silvis, IL	2.0	1.0	1017	$1,150	$1.13	21d	1	0.50mi
777 20th Ave Unit 1 East Moline, IL	2.0	1.0	1030	$1,090	$1.06	21d	1	0.89mi
1842 28th Ave East Moline, IL	2.0	1.0	914	$1,100	$1.20	14d	1	1.12mi
427 17th Ave East Moline, IL	2.0	1.0	1186	$1,100	$0.93	14d	1	1.28mi
625 25th Ave Unit 625 East Moline, IL	2.0	1.0	888	$900	$1.01	21d	1	1.28mi

Listing history 4 events

1. 2026-06-18
   days on market $28,000 Active 3 DOM
2. 2026-06-17
   days on market $28,000 Active 2 DOM
3. 2026-06-15
   remarks 233-char remark
4. 2026-06-15
   listed $28,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 66% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,658
• − Mortgage interest: −$1,568
• − Property taxes: −$420
• − Insurance: −$140
• − Repairs & maintenance: −$1,093
• − Management: −$1,093
• − Depreciation: −$815
• Taxable income: $8,530
• Est. tax owed @ 24.0%: −$2,047
• After-tax cash flow: $6,421/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: United Twp Hsd 30
• NCES district ID: 1739870
• Math proficiency: 12% ▼ -5.00%
• Reading proficiency: 15% ▼ -6.00%
• Median HH income: $43,647
• Composite: 11.91/100
• National rank: #9670
• State rank: #536 of 620 in IL

Livability — East Moline

• Score: 62/100
• State rank: #870
• US rank: #16964

Category grades

Amenities F Commute F Cost of living A+ Crime C- Employment C- Housing A+ Health & safety F User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Moline, IL
• County: Rock Island County · 103,822 people
• City population: 23,308
• Metro: Davenport-Moline-Rock Island, IA-IL
• Population (ZIP): 23,308
• Household income: $63,819
• Rent vs Own: 33.0% rent · 67.0% own
• Severe rent burden: 746.0

Population outlook (Rock Island County) Hauer SSP2

• Today (2025): 140,982 people
• By 2030: 137,705 · -2.3%
• By 2040: 130,512 · -7.4%
• By 2050: 123,841 · -12.2%
• By 2075: 109,851 · -22.1%
• By 2100: 90,922 · -35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 55% Hispanic / Latino 19% Black 18% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: English 3% Lithuanian 2% Romanian 2%
• Foreign-born: 13% · Canada, United Kingdom, Philippines
• Languages at home: 78% English-only · Spanish 12% French/Haitian/Cajun 3% Other Asian/Pacific 2%

Political lean MEDSL · Rock Island

• 2024 margin: Lean D (+9.6) · D 53.9% · R 44.4% · Other 1.7%
• 2008→2024 swing: -15.0pp toward R · 2008: 24.6pp · 2024: 9.6pp
• All cycles: 2024: D+9.6 2020: D+12.1 2016: D+8.4 2012: D+21.9 2008: D+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.05%
• Current HPI: 154.4012
• Rent YoY: —
• Metro: Davenport-Moline-Rock Island, IA-IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

-59.7% since first listed

6 events — show timeline

• 2026-06-14 Listed $28,000 MRED as Distributed by MLS Grid
• 2008-09-26 Sold (Public Records) $70,000 Public Records
• 2008-09-26 Sold (MLS) $70,000 MRED as Distributed by MLS Grid
• 2008-09-26 Sold (MLS) $70,000 RMLSA as Distributed by MLS Grid
• 2008-03-24 Listed $69,500 MRED as Distributed by MLS Grid
• 2008-03-24 Listed $69,500 RMLSA as Distributed by MLS Grid

Property tax history

-0.4%/yr

Latest (2024): $1,923 · +6.2% YoY. Source: county tax records.