1708 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 1708 Charles St, Rockford, IL, 61104 priced at $130,000 pairs $1,080/mo rent with $179/mo cash flow after a $636/mo payment. Total monthly income equals $1,080/mo, and annual cash flow comes to $2,143/yr on $43,095 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 9.97% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 130.52% and total cumulative return in cash reaches $56,247. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
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Listed by: Zile Huma • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405413
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