316 Marvin StRockfordIL61102
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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
Investment property for sale in Rockford at 316 Marvin St, Rockford, IL, 61102 at $154,900 posts ROI 29.25% with $400/mo cash flow from $1,474/mo rent. Total monthly income equals $1,474/mo, and annual cash flow records $4,797/yr on $51,349 to close. Return on cash invested measures 29.25% and rental yield reads 11.42% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 153.93% and total cumulative return in cash totals $79,040.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61102, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 3,994 (57.3%) |
| Renter Occupied HU | 2,158 (30.9%) |
| Vacant Housing Units | 821 (11.8%) |
| Median Home Value | $125,702 |
| Average Home Value | $147,453 |
Housing Distribution
Address Breakdown
Residential
6,331
Single Family
6,321
Multi-Family
10
Businesses
288
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