1710 16th Ave,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 1710 16th Ave, Rockford, IL, 61104 listed at $143,900 pairs $1,188/mo rent with a $704/mo payment to leave $190/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $2,282/yr on $47,703 cash to close. Return on cash invested measures 24.69% in year one, and rental yield registers 9.91% at a $143,900 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,757 by year five. Five-year ROI tracks 129.57% and total cumulative return in cash totals $61,811. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $704/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).