513 W 7th StRock 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 513 W 7th St, Rock Falls, IL, 61071 listed at $119,000 pairs $940/mo rent with a $582/mo payment to leave $115/mo cash flow. Total monthly income runs $940/mo, and annual cash flow reaches $1,380/yr on $39,449 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 9.48% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 122.73% and total cumulative return in cash totals $48,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $940/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
7,405 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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Listed by: Ghazanfar Iqbal • GMC Realty LTD
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12503333