6399 Spring Brook RdRockfordIL61114
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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 6399 Spring Brook Rd, Rockford, IL, 61114 earns $599/mo cash flow from $2,635/mo rent with a $1,370/mo payment. Total monthly income totals $2,635/mo, and annual cash flow totals $7,189/yr on $92,787 capital. ROI tracks 27.66% on current figures, and rental yield reads 11.3% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 145.86% and total cumulative return in cash sums $135,337. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,635/mo property income instead of your personal income.
Single Family
Built in 1959
0.60 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: Cheryl Jacobs • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202406962
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.