125 S Prospect St,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 125 S Prospect St, Rockford, IL, 61104 uses $65,969 cash to close to unlock $656/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,435/mo, and a $974/mo payment keeps the spread at $55/mo. Purchase price stands at $199,000, and rental yield measures 8.65% with $1,435/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 109.17% and total cumulative return in cash records $72,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,435/mo property income covering a $974/mo payment rather than investor’s personal income.