2211 13th Ave,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 2211 13th Ave, Rockford, IL, 61104 listed at $119,000 pairs $927/mo rent with a $582/mo payment to leave $102/mo cash flow. Total monthly income runs $927/mo, and annual cash flow reaches $1,224/yr on $39,449 cash to close. Return on cash invested measures 23.01% in year one, and rental yield registers 9.35% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 120.6% and total cumulative return in cash totals $47,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $927/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).