523 S Rockford AveRockfordIL61104
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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 523 S Rockford Ave, Rockford, IL, 61104 priced at $112,000 pairs $2,348/mo rent with $1,571/mo cash flow after a $548/mo payment. Total monthly income equals $2,348/mo, and annual cash flow comes to $18,856/yr on $37,128 invested. Return on cash invested is 70.7% in year one, and rental yield stands at 25.16% on a $112,000 basis. Equity gained on principal adds $723/yr, and 5% annual appreciation accumulates to $30,944 by year five. Five-year ROI measures 376.22% and total cumulative return in cash reaches $139,683. For financing, Ziffy Mortgage’s DSCR program evaluates $2,348/mo property income against a $548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Alan Huston • Riverside Realty, Inc.
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405136
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