2221 BroadwayRockfordIL61104
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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 2221 Broadway, Rockford, IL, 61104 earns from $1,067/mo rent with a $1,052/mo payment. Total monthly income totals $1,067/mo. ROI tracks 12.77% on current figures, and rental yield reads 5.96% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 65.58% and total cumulative return in cash sums $46,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,067/mo property income instead of your personal income.
Multi Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dimas Trujillo • Smart Home Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500042
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