1327 Charles 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
Rental property for sale in Rockford at 1327 Charles St, Rockford, IL, 61104 generates $1,861/mo in rent and, after a $685/mo payment, leaves $890/mo in cash flow. Total monthly income is $1,861/mo, and annual cash flow is $10,682/yr on $46,410 invested. Return on cash invested sits at 42.93% in year one, and rental yield is 15.95% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 227.35% and total cumulative return in cash sums $105,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,861/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Catherine Fiebig • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503111
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.