2321 Broadway, Rockford, IL, 61104 | 3.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1050 sft

1719 14th St, Rockford, IL, 61104

2 Bed
2 Bath
1213 sft

2754 Atherton Ln, Rockford, IL, 61114

3 Bed
2 Bath
1380 sft

901 N Horace Ave, Rockford, IL, 61101

4 Bed
2 Bath
1797 sft

108 Buckbee St, Rockford, IL, 61104

Nearby investment properties with comparable prices

4 Bed
3 Bath
2400 sft

1217 Joanne Ter, Byron, IL, 61010

4 Bed
2 Bath
1292 sft

760 Fieldcrest Dr, Byron, IL, 61010

3 Bed
2 Bath
1360 sft

2232 Trevino Court, Beloit, WI, 53511

5 Bed
3 Bath
3031 sft

423 Portland Avenue, Beloit, WI, 53511

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Rockford at 2321 Broadway, Rockford, IL, 61104 listed at $350,000 pairs $1,062/mo rent with a $1,713/mo payment. Total monthly income runs $1,062/mo. Return on cash invested measures 5.79% in year one, and rental yield registers 3.64% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 28.1% and total cumulative return in cash totals $32,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,062/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1929

N/A lot

$N/A/sqft

No HOA