3129 19th StRockfordIL61109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Rockford at 3129 19th St, Rockford, IL, 61109 uses $49,692 cash to close to unlock $1,055/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $1,128/mo, and a $734/mo payment keeps the spread at $88/mo. Purchase price stands at $149,900, and rental yield measures 9.03% with $1,128/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 115.19% and total cumulative return in cash records $57,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,128/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61109, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,927 (100%) |
| Owner Occupied HU | 6,842 (57.4%) |
| Renter Occupied HU | 4,212 (35.3%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $155,206 |
| Average Home Value | $169,665 |
Housing Distribution
Address Breakdown
Residential
11,395
Single Family
9,254
Multi-Family
2,141
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices