3618 Archer Dr · East Moline, IL 61244

$80,000

3 bd · 1.5 ba · 816 sqft · SingleFamily public records · 42 Days on market

Built 1948 1.76 ac lot Est $118k · 32% under

---

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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• 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

Great opportunity on 1.76 acres! This 3-bedroom, 1.5-bath sold as-is, bungalow offers plenty of potential for buyers ready to complete updates and improvements. The home does require work lots of work, but with the right vision and renovations, it could be transformed into a wonderful residence or a strong investment property. Features include a fenced yard, one-car garage, newer furnace and water heater. Central air and Convenient in-town location with the added bonus of acreage that provides space, privacy, and a country-like feel. A solid chance to build equity and make it your own! Seller is motivated and will look at all reasonable offers.

Key facts

• Acreage
• New furnace
• Fenced yard

Tags

• FENCED YARD
• NEW FURNACE
• NEW WATER HEATER
• CENTRAL AIR
• IN-TOWN LOCATION
• ACREAGE

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (garage owned); Parking for up to 4 vehicles total; One garage space
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; 1.5-story design; Fee simple ownership; Built before 1978 (approx. 71–80 years old)
• Construction: Vinyl siding; Asphalt roof; Other foundation
• Exterior features: Deck; Wooded lot

Interior

• Kitchen: Range
• Bedrooms: Three bedrooms total; Main level master bedroom (12 x 12); Main level bedroom (9 x 9); Attic bedroom (11 x 17)
• Flooring: Carpet in living room, master bedroom, and one bedroom; Vinyl flooring in kitchen, dining room, and attic bedroom
• Bathrooms: One full bathroom; One half bathroom; Basement has a bathroom (yes)
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Six total rooms; Separate dining room; Family room; Unfinished full basement
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $379 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.0% 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; 14 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 $553 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $54k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $77,600 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.47% ✓
• Cap rate: 11.98%
• Cash-on-cash: 20.30%
• DSCR: 1.90
• GRM: 5.7

CMA / ARV

• ARV (on-the-fly): $117,504
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3618 Archer Dr	0.00mi	3/1.5	927 (+14%)	1mo	$65,000	$70	77
1116 34th Avenue Ct	0.21mi	3/2.0	832 (+2%)	13mo	$192,000	$231	74
927 35th Ave	0.35mi	3/1.0	864 (+6%)	8mo	$119,000	$138	65
1144 45th Ave	0.54mi	3/1.0	864 (+6%)	0mo	$135,000	$156	63
4521 11th Street Ct	0.59mi	3/1.0	864 (+6%)	8mo	$124,000	$144	55
514 14th Ave	0.52mi	3/1.0	856 (+5%)	14mo	$103,000	$120	54
434 14th Ave	0.48mi	3/1.0	858 (+5%)	16mo	$133,600	$156	53
323 15th Ave	0.42mi	2/1.0 (-1)	748 (-8%)	8mo	$88,000	$118	53
3922 8th St	0.53mi	3/1.0	864 (+6%)	14mo	$107,500	$124	52
1155 46th Ave	0.56mi	3/2.0	900 (+10%)	8mo	$184,900	$205	48
3643 9th St	0.45mi	3/2.0	936 (+15%)	9mo	$179,000	$191	45
1822 27 1/2 Ave	0.69mi	2/1.0 (-1)	902 (+10%)	13mo	$53,000	$59	32

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: 12.6%
• Equity multiple: 1.50×
• Total profit: $11,189
• Equity at exit: $11,928

10-year hold

• IRR: 21.5%
• Equity multiple: 2.83×
• Total profit: $40,894
• Equity at exit: $6,917

Cash invested: $22,400 (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: 5.7×

Monthly cashflow live

• Estimated rent: $1,180 high
• Mortgage (P&I): −$420
• Tax est. 1.5%: −$100 /mo · $1,200/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$248
• Net cashflow: $379

Break-even live

Break-even rent $700

Max offer price $80,000

Occupancy floor 63%

Sensitivity live

Price	-10% $434	-5% $407	+0% $379	+5% $351	+10% $324
Rent	-10% $286	-5% $332	+0% $379	+5% $426	+10% $472
Rate	-1.0pp $419	-0.5pp $399	base $379	+0.5pp $358	+1.0pp $337

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4000 Archer Dr East Moline, IL	2.0–3.0	1.0–1.5	933	$1,499	$1.61	14d	2	0.18mi
4102 11th St Unit 4106-1D R East Moline, IL	2.0	1.0	700	$880	$1.26	21d	1	0.36mi
4102 11th St Unit 1111-2D East Moline, IL	2.0	1.0	700	$820	$1.17	21d	1	0.36mi
1111 Avenue Of The Cities Unit 4102-1A R East Moline, IL	2.0	1.0	700	$820	$1.17	21d	1	0.37mi
1842 28th Ave East Moline, IL	2.0	1.0	914	$1,100	$1.20	14d	1	0.70mi
2101 7th St Silvis, IL	3.0	1.0–2.5	905	$2,010	$2.22	14d	17	0.86mi
3341 5th St Unit 1 East Moline, IL	2.0	1.0	850	$1,300	$1.53	21d	1	0.92mi
4700 7th St East Moline, IL	1.0–2.0	1.0	704	$1,222	$1.73	14d	15	0.98mi
625 25th Ave Unit 625 East Moline, IL	2.0	1.0	888	$900	$1.01	21d	1	1.07mi
1810 14th St Silvis, IL	3.0	1.0	1100	$1,300	$1.18	14d	1	1.15mi
777 20th Ave Unit 1 East Moline, IL	2.0	1.0	1030	$1,090	$1.06	21d	1	1.32mi
735 20th Ave Unit 3 East Moline, IL	2.0	1.0	690	$790	$1.14	21d	1	1.35mi
123 3rd St Unit House Silvis, IL	2.0	1.0	1017	$1,150	$1.13	21d	1	1.37mi
3500 70th St Moline, IL	1.0–2.0	1.0	707	$1,275	$1.80	14d	7	1.43mi

Listing history 9 events

1. 2026-05-20
   status Pending
2. 2026-04-29
   status Active
3. 2026-04-29
   price $80,000
4. 2026-03-22
   status Pending
5. 2026-03-07
   price $110,000
6. 2026-03-01
   listed $134,000 Active
7. 2021-08-06
   historical
8. 2021-08-06
   historical
9. 2007-05-02
   soldstatus $74,000

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 16 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: $14,154
• − Mortgage interest: −$4,481
• − Property taxes: −$1,200
• − Insurance: −$400
• − Repairs & maintenance: −$1,132
• − Management: −$1,132
• − Depreciation: −$2,327
• Taxable income: $3,481
• Est. tax owed @ 24.0%: −$835
• After-tax cash flow: $3,712/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

+8.1% since first listed

9 events — show timeline

• 2026-05-20 Pending — MRED as Distributed by MLS Grid
• 2026-04-29 Relisted — MRED as Distributed by MLS Grid
• 2026-04-29 Price Changed $80,000 MRED as Distributed by MLS Grid
• 2026-03-22 Pending — MRED as Distributed by MLS Grid
• 2026-03-07 Price Changed $110,000 MRED as Distributed by MLS Grid
• 2026-03-01 Listed $134,000 MRED as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2021-08-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2007-05-02 Sold (Public Records) $74,000 Public Records

Property tax history

+3.0%/yr

Latest (2024): $4,058 · +5.0% YoY. Source: county tax records.