1221 16th AveRockfordIL61104
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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 1221 16th Ave, Rockford, IL, 61104 listed at $145,000 pairs $1,386/mo rent with a $710/mo payment to leave $380/mo cash flow. Total monthly income runs $1,386/mo, and annual cash flow reaches $4,559/yr on $48,068 cash to close. Return on cash invested measures 29.39% in year one, and rental yield registers 11.47% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 154.7% and total cumulative return in cash totals $74,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,386/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
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Listed by: Jason Bennett • J Bennett Realty, Llc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501472
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