5665 Palisades PkwyRockfordIL61109
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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 5665 Palisades Pkwy, Rockford, IL, 61109 earns $763/mo cash flow from $2,636/mo rent with a $1,322/mo payment. Total monthly income totals $2,636/mo, and annual cash flow totals $9,153/yr on $89,505 capital. ROI tracks 30.14% on current figures, and rental yield reads 11.72% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 158.67% and total cumulative return in cash sums $142,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,636/mo property income instead of your personal income.
Single Family
Built in 1974
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61109, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,927 (100%) |
| Owner Occupied HU | 6,842 (57.4%) |
| Renter Occupied HU | 4,212 (35.3%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $155,206 |
| Average Home Value | $169,665 |
Housing Distribution
Address Breakdown
Residential
11,395
Single Family
9,254
Multi-Family
2,141
Businesses
788
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Listed by: Larry Petry • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202504247
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.