1015 13th St, Rockford, IL, 61104 | $130/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockford at 1015 13th St, Rockford, IL, 61104 uses $48,034 cash to close to unlock $1,562/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $709/mo payment keeps the spread at $130/mo. Purchase price stands at $144,900, and rental yield measures 9.4% with $1,135/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash records $58,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $709/mo payment rather than investor’s personal income.

Single Family

Built in 1900

6,969 sqft lot

$N/A/sqft

No HOA