602 3rd Ave, East Moline, IL 61244

2 bd · 1 ba · 972 sqft · built 1930 · East Moline · SINGLE_FAMILY·source listing ↗

$23,500

seller intel

Motivation score

15/100

OnePercent model (vv1)

$1,544/mo

p10–p90 confidence band

HUD Fair Market Rent · 61244 · 2BR$1,030/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Rock Island

Flood risk indexRelatively Moderate FEMA NRI

Median household income$63,819

Median area rent$869/mo

Median home value$139,400

the verdict

6.57%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$23,500

6.57% · rent $1,544

Intrinsic value · income approach

$148,908

84% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.