663 Amphitheater Dr APT 1RockfordIL61107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 663 Amphitheater Dr APT 1, Rockford, IL, 61107 earns $438/mo cash flow from $1,828/mo rent with a $822/mo payment. Total monthly income totals $1,828/mo, and annual cash flow totals $5,257/yr on $55,692 capital. ROI tracks 29.35% on current figures, and rental yield reads 13.06% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 156.29% and total cumulative return in cash sums $87,041. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,828/mo property income instead of your personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61107, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,409 (100%) |
| Owner Occupied HU | 8,901 (61.8%) |
| Renter Occupied HU | 4,531 (31.4%) |
| Vacant Housing Units | 977 ( 6.8%) |
| Median Home Value | $188,527 |
| Average Home Value | $224,860 |
Housing Distribution
Address Breakdown
Residential
13,703
Single Family
12,131
Multi-Family
1,572
Businesses
702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Malachi Brick • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202506746
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.