1356 5th 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 1356 5th Ave, Rockford, IL, 61104 offers a 10.2% rental yield on a $149,900 purchase with $1,274/mo rent. Total monthly income registers $1,274/mo, and a $734/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,807/yr on $49,692 to close, and return on cash invested stands at 25.56% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 134.14% and total cumulative return in cash at $66,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
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Listed by: Larry Holen • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202407060
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