2710 Starkweather RdRockfordIL61107
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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
Rental property for sale in Rockford at 2710 Starkweather Rd, Rockford, IL, 61107 priced at $339,900 pairs $3,181/mo rent with $823/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,181/mo, and annual cash flow comes to $9,876/yr on $112,677 invested. Return on cash invested is 28.67% in year one, and rental yield stands at 11.23% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 150.87% and total cumulative return in cash reaches $169,991. For financing, Ziffy Mortgage’s DSCR program evaluates $3,181/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61107, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,409 (100%) |
| Owner Occupied HU | 8,901 (61.8%) |
| Renter Occupied HU | 4,531 (31.4%) |
| Vacant Housing Units | 977 ( 6.8%) |
| Median Home Value | $188,527 |
| Average Home Value | $224,860 |
Housing Distribution
Address Breakdown
Residential
13,703
Single Family
12,131
Multi-Family
1,572
Businesses
702
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Listed by: Kip Kapfer • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404783
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