2027 3rd Ave,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 2027 3rd Ave, Rockford, IL, 61104 uses $42,067 cash to close to unlock $1,235/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $983/mo, and a $621/mo payment keeps the spread at $103/mo. Purchase price stands at $126,900, and rental yield measures 9.3% with $983/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $35,060 over five years. Five-year ROI reaches 119.55% and total cumulative return in cash records $50,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $621/mo payment rather than investor’s personal income.