503 Vincent AveRockfordIL61102
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 503 Vincent Ave, Rockford, IL, 61102 in Rockford. Priced at $142,500, it generates $1,705/mo in gross rent and $699/mo in net monthly cash flow, a 14.11% yield that comfortably supports the 2.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,391. Five-year appreciation: $39,370. Equity from principal paydown: $1,312/yr. Total projected cumulative return: $100,649.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 9.2% |
| Monthly Cash Flow | $699 | $450 |
City averages based on Rockford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,705 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 1.83x |
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 1951
0.32 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
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
Single Family
Built in 1951
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices