1971 Ivory LnRockfordIA50468
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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 1971 Ivory Ln, Rockford, IA, 50468 earns from $1,228/mo rent with a $1,077/mo payment. Total monthly income totals $1,228/mo. ROI tracks 16.6% on current figures, and rental yield reads 6.7% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 85.49% and total cumulative return in cash sums $62,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,228/mo property income instead of your personal income.
Single Family
Built in 1900
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50468, Rockford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 481 (70.0%) |
| Renter Occupied HU | 128 (18.6%) |
| Vacant Housing Units | 78 (11.4%) |
| Median Home Value | $160,417 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
590
Single Family
590
Multi-Family
0
Businesses
40
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