421 S 3rd StRockfordIL61104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow421 S 3rd St, Rockford, IL, 61104 in Rockford earns its strong cash-flow label: 36.48% yield, $3,648/mo rent, $2,762/mo net income, DSCR 6.76. The $120,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $33,154 by year five. Combined with $1,105/yr in principal paydown, total projected return reaches $227,061.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 36.5% | 9.2% |
| Monthly Cash Flow | $2,762 | $450 |
City averages based on Rockford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,648 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 4.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.47 Acres lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1900
0.47 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices