4193 Ardmore AveRockfordIL61102
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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 4193 Ardmore Ave, Rockford, IL, 61102 listed at $199,900 pairs $1,288/mo rent with a $978/mo payment. Total monthly income runs $1,288/mo. Return on cash invested measures 18.13% in year one, and rental yield registers 7.73% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 94.29% and total cumulative return in cash totals $62,485. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,288/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.36 Acres 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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