2322 11th Ave,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 2322 11th Ave, Rockford, IL, 61104 uses $50,057 cash to close to unlock $5,744/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $1,526/mo, and a $739/mo payment keeps the spread at $479/mo. Purchase price stands at $151,000, and rental yield measures 12.13% with $1,526/mo rent. Return on cash invested shows 31.38% in year one, and 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 165.38% and total cumulative return in cash records $82,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $739/mo payment rather than investor’s personal income.