1075 Apple Jack DrRockfordIL61115
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1075 Apple Jack Dr, Rockford, IL, 61115 in Rockford speaks for itself: 11.87% gross on a $232,000 price, generating $2,294/mo in rent and $685/mo in net income after the $1,043/mo debt service. DSCR 2.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,223 stacks alongside $64,097 in projected five-year appreciation and $2,137/yr in principal reduction. Projected total cumulative return: $132,823.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 9.2% |
| Monthly Cash Flow | $685 | $450 |
City averages based on Rockford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,294 |
| Total Monthly Debt Service | $1,517 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61115, Machesney Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,397 (100%) |
| Owner Occupied HU | 6,792 (72.3%) |
| Renter Occupied HU | 2,091 (22.3%) |
| Vacant Housing Units | 514 ( 5.5%) |
| Median Home Value | $183,819 |
| Average Home Value | $195,776 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,157
Multi-Family
188
Businesses
534
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Parker • Exit Realty Redefined Maurer Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.