1111 20th St,Rockford,IL,61104

Investment Highlights

Rental property for sale in Rockford at 1111 20th St, Rockford, IL, 61104 generates $1,315/mo in rent and, after a $827/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,315/mo, and annual cash flow is $1,718/yr on $55,990 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 9.34% on a $168,900 entry. Equity gained on principal adds $1,090/yr, while 5% annual appreciation builds toward $46,664 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash sums $67,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,315/mo property income rather than buyer’s personal income.