329 S Prospect StRockfordIL61104
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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 329 S Prospect St, Rockford, IL, 61104 with 5% annual appreciation on a $125,000 basis while $783/mo rent supports operations. 47% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 7.52%. Five-year ROI measures 90.77% and total cumulative return in cash totals $37,613. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $783/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
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Listed by: Jason Bennett • J Bennett Realty, Llc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501475
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