1115 19th StRockfordIL61104
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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 1115 19th St, Rockford, IL, 61104 listed at $134,000 pairs $1,898/mo rent with a $656/mo payment to leave $968/mo cash flow. Total monthly income runs $1,898/mo, and annual cash flow reaches $11,621/yr on $44,421 cash to close. Return on cash invested measures 46.07% in year one, and rental yield registers 17% at a $134,000 basis. Equity gained on principal adds $865/yr, and annual property appreciation at 5% supports $37,022 by year five. Five-year ROI tracks 244.15% and total cumulative return in cash totals $108,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,898/mo property income relative to a $656/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Deborah Denker • Re/Max Property Source
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404603
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.