1518 4th 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 1518 4th Ave, Rockford, IL, 61104 offers a 13.66% rental yield on a $104,900 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $513/mo payment leaves $467/mo available for distribution. Annual cash flow reaches $5,602/yr on $34,774 to close, and return on cash invested stands at 36.02% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 190.23% and total cumulative return in cash at $66,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1912
5,000 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeffrey Sturtevant • Sturtevant 2K Real Estate LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12146220
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