2225 Parmele St, Rockford, IL, 61104 | 6.29% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockford at 2225 Parmele St, Rockford, IL, 61104 offers a 6.29% rental yield on a $265,000 purchase with $1,390/mo rent. 79% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 70.99% and total cumulative return in cash at $62,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,390/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1915

N/A lot

$N/A/sqft

No HOA