6135 Alamo DrRockfordIL61109
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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 6135 Alamo Dr, Rockford, IL, 61109 priced at $330,000 pairs $2,264/mo rent with after a $1,615/mo payment. Total monthly income equals $2,264/mo. Return on cash invested is 19.64% in year one, and rental yield stands at 8.23% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 102.39% and total cumulative return in cash reaches $112,007. For financing, Ziffy Mortgage’s DSCR program evaluates $2,264/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.64 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: Vickie Krueger • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202405708
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.