5357 Winding Creek Dr #5357RockfordIL61114
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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 Rockford at 5357 Winding Creek Dr #5357, Rockford, IL, 61114 listed at $276,600 pairs $2,386/mo rent with a $1,354/mo payment to leave $467/mo cash flow. Total monthly income runs $2,386/mo, and annual cash flow reaches $5,607/yr on $91,693 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 10.35% at a $276,600 basis. Equity gained on principal adds $1,785/yr, and annual property appreciation at 5% supports $76,419 by year five. Five-year ROI tracks 136.65% and total cumulative return in cash totals $125,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,386/mo property income relative to a $1,354/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61114, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,880 (100%) |
| Owner Occupied HU | 4,890 (71.1%) |
| Renter Occupied HU | 1,658 (24.1%) |
| Vacant Housing Units | 332 ( 4.8%) |
| Median Home Value | $241,400 |
| Average Home Value | $257,532 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
5,949
Multi-Family
748
Businesses
263
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