3756 Scarlet Oak DrRockfordIL61109
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 3756 Scarlet Oak Dr, Rockford, IL, 61109 with 5% annual appreciation on a $236,900 basis while $2,458/mo rent supports operations. Total monthly income totals $2,458/mo and a $1,160/mo payment preserves $814/mo for cash returns. Annual cash flow comes to $9,772/yr on $78,532 deployed, and return on cash invested reaches 32.35% in year one. Equity gained on principal adds $1,529/yr, and five-year appreciation sums $65,451 alongside rental yield of 12.45%. Five-year ROI measures 170.59% and total cumulative return in cash totals $133,969.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,458/mo property income versus a $1,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.26 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
Listed by: Lisa Carroll • Century 21 Affiliated
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405645
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.