524 Saint Louis 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 524 Saint Louis Ave, Rockford, IL, 61104 offers $2,053/mo rent that, after a $773/mo payment, leaves $957/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $11,489/yr on $52,377 cash. Return on cash invested measures 41.84% in year one, and rental yield stands at 15.59% at a $158,000 entry. Equity gained on principal adds $1,020/yr while 5% annual appreciation compounds into $43,652 by year five. Five-year ROI records 221.5% and total cumulative return in cash reaches $116,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $773/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Amanda Clark • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502178
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