502 7th AveRock FallsIL61071
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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 Rock Falls at 502 7th Ave, Rock Falls, IL, 61071 uses $51,548 cash to close to unlock $4,998/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $761/mo payment keeps the spread at $417/mo. Purchase price stands at $155,500, and rental yield measures 11.54% with $1,495/mo rent. Return on cash invested shows 29.61% in year one, and 5% annual appreciation builds toward $42,962 over five years. Five-year ROI reaches 155.86% and total cumulative return in cash records $80,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $761/mo payment rather than investor’s personal income.
Single Family
Built in 1908
1,163 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61071, Rock Falls, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 4,150 (65.0%) |
| Renter Occupied HU | 1,619 (25.3%) |
| Vacant Housing Units | 618 ( 9.7%) |
| Median Home Value | $120,084 |
| Average Home Value | $151,421 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,570
Multi-Family
329
Businesses
412
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