1012 20th AveRockfordIL61104
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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 Rockford at 1012 20th Ave, Rockford, IL, 61104 offers a 9.25% rental yield on a $100,000 purchase with $771/mo rent. Total monthly income registers $771/mo, and a $489/mo payment leaves $78/mo available for distribution. Annual cash flow reaches $934/yr on $33,150 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 118.96% and total cumulative return in cash at $39,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $771/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Fidel Batres • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202505730
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