5805 Vineyard LnRockfordIL61114
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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 5805 Vineyard Ln, Rockford, IL, 61114 generates $2,840/mo in rent and, after a $1,415/mo payment, leaves $835/mo in cash flow. Total monthly income is $2,840/mo, and annual cash flow is $10,019/yr on $95,804 invested. Return on cash invested sits at 30.37% in year one, and rental yield is 11.79% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 159.89% and total cumulative return in cash sums $153,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.26 Acres 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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Listed by: Maureen McCarty • Emerald Realty Group Of Rockford, Pllc
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502956
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.