1921 Charles St, Rockford, IL, 61104 | Equity Gain $4,840/yr

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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 1921 Charles St, Rockford, IL, 61104 offers a 2.03% rental yield on a $750,000 purchase with $1,267/mo rent. 92% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 1.98% and total cumulative return in cash at $4,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1941

N/A lot

$N/A/sqft

No HOA