1224 15th Ave, Rockford, IL, 61104 | 5.65% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,531/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 5.65% with $1,531/mo rent. Return on cash invested shows 11.85% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 60.63% and total cumulative return in cash records $65,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,531/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Multi Family

Built in 1926

10,018 sqft lot

$N/A/sqft

No HOA