2762 Atherton LnRockfordIL61114
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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 2762 Atherton Ln, Rockford, IL, 61114 priced at $105,000 pairs $3,390/mo rent with $2,372/mo cash flow after a $514/mo payment. Total monthly income equals $3,390/mo, and annual cash flow comes to $28,459/yr on $34,808 invested. Return on cash invested is 101.67% in year one, and rental yield stands at 38.74% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 545.96% and total cumulative return in cash reaches $190,034. For financing, Ziffy Mortgage’s DSCR program evaluates $3,390/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61114, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,880 (100%) |
| Owner Occupied HU | 4,890 (71.1%) |
| Renter Occupied HU | 1,658 (24.1%) |
| Vacant Housing Units | 332 ( 4.8%) |
| Median Home Value | $241,400 |
| Average Home Value | $257,532 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
5,949
Multi-Family
748
Businesses
263
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Listed by: Carrie Lee • Coldwell Banker Real Estate Group
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405145
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.