1716 10th Ave · East Moline, IL 61244

$90,000

2 bd · 1.0 ba · 952 sqft · SingleFamily public records · 1 Days on market

Built 1950 0.26 ac lot Est $120k · 25% under

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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 +27.2/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +6.2/10.0
• 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

Double Lot! Welcome to this 1.5-story home with a great shell and tons of potential to make your own. This property offers 2 bedrooms, 1 bathroom, and a nice detached 2-car garage. Both bedrooms are located on the main level, with the potential to easily add a third bedroom upstairs and build additional equity by finishing the space. Many of the important updates have already been taken care of, including the roof, gutters, gutter guards, and windows. Kitchen appliances stay. Buyer and buyer's agent to verify all information, including square footage, room sizes, school zones, taxes, exemptions, and zoning. Measurements and sizes are approximate and were taken using the Matterport measuring

Key facts

• Double lot
• Important updates
• 0.26 acre lot

Tags

• DOUBLE LOT
• DETACHED 2-CAR GARAGE
• IMPORTANT UPDATES
• KITCHEN APPLIANCES STAY

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story; Fee simple ownership
• Construction: Vinyl siding; Asphalt roof; Block foundation; Estimated age: 71–80 years; Built before 1978
• Exterior features: Level lot; Lot approximately 0.25–0.49 acre

Interior

• Kitchen: Kitchen (15 x 9); Range; Refrigerator
• Bedrooms: Master bedroom on Main (11 x 12); Additional bedroom on Main (11 x 13); Two additional bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 5 total rooms; Full cellar basement
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $257 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Cap rate 9.7% 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; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $622 of loan paydown is wiped out by about $3k 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 $25k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $90,000

Questions for the listing agent

1. Built in 1950 — 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: 1.12% ✓
• Cap rate: 9.72%
• Cash-on-cash: 12.23%
• DSCR: 1.54
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $119,952
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1716 10th Ave	0.00mi	2/1.0	968 (+2%)	0mo	$107,000	$111	97
751 21st St	0.24mi	3/2.0 (+1)	936 (-2%)	1mo	$85,000	$91	76
1507 10th Ave	0.15mi	3/1.0 (+1)	917 (-4%)	12mo	$80,500	$88	72
313 1st Ave	0.51mi	3/1.0 (+1)	928 (-2%)	1mo	$105,000	$113	66
1427 18th Ave	0.23mi	3/2.0 (+1)	1,090 (+14%)	1mo	$240,000	$220	56
1136 20th Ave	0.60mi	2/1.0	886 (-7%)	6mo	$133,000	$150	55
366 22nd St	0.62mi	3/2.0 (+1)	952 (0%)	8mo	$120,000	$126	55
2618 Morton Dr	0.61mi	3/1.0 (+1)	912 (-4%)	12mo	$85,000	$93	50
358 21st St	0.62mi	2/1.0	1,072 (+13%)	13mo	$55,000	$51	39
2326 3X Ave	0.74mi	3/2.0 (+1)	882 (-7%)	15mo	$115,500	$131	32
136 6th St	0.70mi	2/1.0	848 (-11%)	21mo	$117,000	$138	32
2187 18th St	0.68mi	2/2.0	864 (-9%)	22mo	$117,500	$136	31

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: 1.8%
• Equity multiple: 1.07×
• Total profit: $1,734
• Equity at exit: $13,419

10-year hold

• IRR: 11.4%
• Equity multiple: 1.89×
• Total profit: $22,428
• Equity at exit: $7,782

Cash invested: $25,200 (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: 7.4×

Monthly cashflow live

• Estimated rent: $1,011 high
• Mortgage (P&I): −$472
• Tax from tax record: −$33 /mo · $392/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$212
• Net cashflow: $257

Break-even live

Break-even rent $686

Max offer price $90,000

Occupancy floor 70%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1454 18th St East Moline, IL	2.0	1.5	650	$995	$1.53	21d	1	0.29mi
123 3rd St Unit House Silvis, IL	2.0	1.0	1017	$1,150	$1.13	21d	1	0.54mi
777 20th Ave Unit 1 East Moline, IL	2.0	1.0	1030	$1,090	$1.06	21d	1	0.97mi
735 20th Ave Unit 3 East Moline, IL	2.0	1.0	690	$790	$1.14	21d	1	1.01mi
1842 28th Ave East Moline, IL	2.0	1.0	914	$1,100	$1.20	13d	1	1.18mi
625 25th Ave Unit 625 East Moline, IL	2.0	1.0	888	$900	$1.01	21d	1	1.36mi

Listing history 2 events

1. 2026-05-13
   status Pending
2. 2026-05-12
   listed $90,000 Active

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

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $392 · $33/mo
• Projected year-2 tax: $1,218 · $101/mo
• Expected delta: +$825/yr (+$69/mo · 210.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $12,135
• − Mortgage interest: −$5,041
• − Property taxes: −$392
• − Insurance: −$450
• − Repairs & maintenance: −$971
• − Management: −$971
• − Depreciation: −$2,618
• Taxable income: $1,692
• Est. tax owed @ 24.0%: −$406
• After-tax cash flow: $2,675/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

2 events — show timeline

• 2026-05-13 Pending — MRED as Distributed by MLS Grid
• 2026-05-12 Listed $90,000 MRED as Distributed by MLS Grid

Property tax history

-0.4%/yr

Latest (2022): $392 · -2.8% YoY. Source: county tax records.