209 S Highland AveRockfordIL61104
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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
Rental property for sale in Rockford at 209 S Highland Ave, Rockford, IL, 61104 priced at $206,000 converts $1,361/mo rent into after a $1,008/mo obligation. Total monthly income equals $1,361/mo. Return on cash invested prints 18.72% in year one, and rental yield reads 7.93% against a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation compiles into $56,914 by year five. Five-year ROI reaches 97.5% and total cumulative return in cash sums $66,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,361/mo property income covering a $1,008/mo payment, not borrower’s personal income.
Multi Family
Built in 1928
N/A lot
$N/A/sqft
No HOA
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Listed by: Toni Vander Heyden • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504131
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