505 7th AveRock FallsIL61071
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 505 7th Ave, Rock Falls, IL, 61071 in Rock Falls. Priced at $154,900, it generates $1,634/mo in gross rent and $560/mo in net monthly cash flow, a 12.66% yield that comfortably supports the 2.34 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,720. Five-year appreciation: $42,796. Equity from principal paydown: $1,427/yr. Total projected cumulative return: $95,229.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 7.0% |
| Monthly Cash Flow | $560 | $300 |
City averages based on Rock Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,634 |
| Total Monthly Debt Service | $1,013 |
| DSCR Ratio | 1.61x |
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 1940
6,969 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
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 1940
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices