603 Blenheim DrRockfordIL61108
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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 603 Blenheim Dr, Rockford, IL, 61108 with 5% annual appreciation on a $185,000 basis while $1,425/mo rent supports operations. Total monthly income totals $1,425/mo and a $905/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,707/yr on $61,328 deployed, and return on cash invested reaches 22.69% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.24%. Five-year ROI measures 118.8% and total cumulative return in cash totals $72,855.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,425/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61108, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,778 (100%) |
| Owner Occupied HU | 8,046 (63.0%) |
| Renter Occupied HU | 3,978 (31.1%) |
| Vacant Housing Units | 754 ( 5.9%) |
| Median Home Value | $138,727 |
| Average Home Value | $161,685 |
Housing Distribution
Address Breakdown
Residential
12,217
Single Family
11,058
Multi-Family
1,159
Businesses
1,151
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