6404 Buttercup LnRockfordIL61108
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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 6404 Buttercup Ln, Rockford, IL, 61108 generates $2,724/mo in rent and, after a $1,356/mo payment, leaves $802/mo in cash flow. Total monthly income is $2,724/mo, and annual cash flow is $9,629/yr on $91,826 invested. Return on cash invested sits at 30.4% in year one, and rental yield is 11.8% on a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 160.08% and total cumulative return in cash sums $146,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.45 Acres 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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