1224 8th 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 1224 8th St, Rockford, IL, 61104 listed at $127,000 pairs $2,418/mo rent with a $622/mo payment to leave $1,537/mo cash flow. Total monthly income runs $2,418/mo, and annual cash flow reaches $18,440/yr on $42,101 cash to close. Return on cash invested measures 63.71% in year one, and rental yield registers 22.85% at a $127,000 basis. Equity gained on principal adds $820/yr, and annual property appreciation at 5% supports $35,088 by year five. Five-year ROI tracks 338.75% and total cumulative return in cash totals $142,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,418/mo property income relative to a $622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Debbie Rheingans • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502468
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