3606 Pinecrest RdRockfordIL61107
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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 3606 Pinecrest Rd, Rockford, IL, 61107 uses $64,643 cash to close to unlock $2,062/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $954/mo payment keeps the spread at $172/mo. Purchase price stands at $195,000, and rental yield measures 9.38% with $1,524/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 120.94% and total cumulative return in cash records $78,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61107, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,409 (100%) |
| Owner Occupied HU | 8,901 (61.8%) |
| Renter Occupied HU | 4,531 (31.4%) |
| Vacant Housing Units | 977 ( 6.8%) |
| Median Home Value | $188,527 |
| Average Home Value | $224,860 |
Housing Distribution
Address Breakdown
Residential
13,703
Single Family
12,131
Multi-Family
1,572
Businesses
702
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