1125 Nassau PkwyRockfordIL61107
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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
Rental property for sale in Rockford at 1125 Nassau Pkwy, Rockford, IL, 61107 generates $3,571/mo in rent and, after a $1,248/mo payment, leaves $1,702/mo in cash flow. Total monthly income is $3,571/mo, and annual cash flow is $20,428/yr on $84,533 invested. Return on cash invested sits at 44.08% in year one, and rental yield is 16.8% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 233.95% and total cumulative return in cash sums $197,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,571/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61107, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,409 (100%) |
| Owner Occupied HU | 8,901 (61.8%) |
| Renter Occupied HU | 4,531 (31.4%) |
| Vacant Housing Units | 977 ( 6.8%) |
| Median Home Value | $188,527 |
| Average Home Value | $224,860 |
Housing Distribution
Address Breakdown
Residential
13,703
Single Family
12,131
Multi-Family
1,572
Businesses
702
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Listed by: Milena Cojkic • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404899
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.