6871 Montague RdRockfordIL61102
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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 6871 Montague Rd, Rockford, IL, 61102 priced at $1,099,000 pairs $4,039/mo rent with after a $5,379/mo payment. Total monthly income equals $4,039/mo. Return on cash invested is 8.29% in year one, and rental yield stands at 4.41% on a $1,099,000 basis. Equity gained on principal adds $7,092/yr, and 5% annual appreciation accumulates to $303,633 by year five. Five-year ROI measures 41.46% and total cumulative return in cash reaches $147,630. For financing, Ziffy Mortgage’s DSCR program evaluates $4,039/mo property income against a $5,379/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
5.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61102, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,973 (100%) |
| Owner Occupied HU | 3,994 (57.3%) |
| Renter Occupied HU | 2,158 (30.9%) |
| Vacant Housing Units | 821 (11.8%) |
| Median Home Value | $125,702 |
| Average Home Value | $147,453 |
Housing Distribution
Address Breakdown
Residential
6,331
Single Family
6,321
Multi-Family
10
Businesses
288
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