1361 215th StRockfordIA50468
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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 1361 215th St, Rockford, IA, 50468 earns from $1,450/mo rent with a $1,150/mo payment. Total monthly income totals $1,450/mo. ROI tracks 18.74% on current figures, and rental yield reads 7.4% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 96.96% and total cumulative return in cash sums $75,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,450/mo property income instead of your personal income.
Single Family
Built in 1900
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50468, Rockford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 481 (70.0%) |
| Renter Occupied HU | 128 (18.6%) |
| Vacant Housing Units | 78 (11.4%) |
| Median Home Value | $160,417 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
590
Single Family
590
Multi-Family
0
Businesses
40
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