1402 9th AveRock FallsIL61071
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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 Rock Falls at 1402 9th Ave, Rock Falls, IL, 61071 earns $84/mo cash flow from $888/mo rent with a $567/mo payment. Total monthly income totals $888/mo, and annual cash flow totals $1,012/yr on $38,421 capital. ROI tracks 22.54% on current figures, and rental yield reads 9.19% at a $115,900 purchase. Equity gained on principal adds $748/yr, and 5% annual appreciation supports $32,021 over five years. Five-year ROI reaches 118.04% and total cumulative return in cash sums $45,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $888/mo property income instead of your personal income.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61071, Rock Falls, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 4,150 (65.0%) |
| Renter Occupied HU | 1,619 (25.3%) |
| Vacant Housing Units | 618 ( 9.7%) |
| Median Home Value | $120,084 |
| Average Home Value | $151,421 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,570
Multi-Family
329
Businesses
412
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Listed by: Tina DeMay • Bird Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12509519