425 N Hinkley AveRockfordIL61101
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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
Rental property for sale in Rockford at 425 N Hinkley Ave, Rockford, IL, 61101 priced at $125,000 pairs $1,601/mo rent with $734/mo cash flow after a $612/mo payment. Total monthly income equals $1,601/mo, and annual cash flow comes to $8,805/yr on $41,438 invested. Return on cash invested is 41.16% in year one, and rental yield stands at 15.37% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 217.79% and total cumulative return in cash reaches $90,245. For financing, Ziffy Mortgage’s DSCR program evaluates $1,601/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61101, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,098 (44.5%) |
| Renter Occupied HU | 3,962 (43.0%) |
| Vacant Housing Units | 1,156 (12.5%) |
| Median Home Value | $139,259 |
| Average Home Value | $174,350 |
Housing Distribution
Address Breakdown
Residential
8,359
Single Family
7,351
Multi-Family
1,008
Businesses
575
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