608 Oak StRockfordIL61104
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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 608 Oak St, Rockford, IL, 61104 with 5% annual appreciation on a $135,000 basis while $1,043/mo rent supports operations. Total monthly income totals $1,043/mo and a $661/mo payment preserves $85/mo for cash returns. Annual cash flow comes to $1,015/yr on $44,753 deployed, and return on cash invested reaches 22.18% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.27%. Five-year ROI measures 116.24% and total cumulative return in cash totals $52,021.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,043/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Matt Humpal • Re/Max Property Source
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202500598
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