222 S 1st StRockfordIL61104
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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 222 S 1st St, Rockford, IL, 61104 at $179,900 posts ROI 41.04% with $1,050/mo cash flow from $2,394/mo rent. Total monthly income equals $2,394/mo, and annual cash flow records $12,603/yr on $59,637 to close. Return on cash invested measures 41.04% and rental yield reads 15.97% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 217.91% and total cumulative return in cash totals $129,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Javen Rands • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404627
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.