1712-1716 17th St, Rockford, IL, 61104 | $15/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockford at 1712-1716 17th St, Rockford, IL, 61104 uses $56,355 cash to close to unlock $179/yr annual cash flow and $15/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $832/mo payment keeps the spread at $15/mo. Purchase price stands at $170,000, and rental yield measures 8.43% with $1,194/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash records $59,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $832/mo payment rather than investor’s personal income.

Multi Family

Built in 1951

N/A lot

$N/A/sqft

No HOA