326 S Rockford AveRockfordIL61104
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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 326 S Rockford Ave, Rockford, IL, 61104 priced at $139,000 converts $1,078/mo rent into $102/mo cash flow after a $680/mo obligation. Total monthly income equals $1,078/mo, and annual cash flow totals $1,220/yr on $46,079 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 9.31% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 118.17% and total cumulative return in cash sums $54,452. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,078/mo property income covering a $680/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Zach Thompson • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500291
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