68XX Auburn StRockfordIL61101
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
Rental property for sale in Rockford at 68XX Auburn St, Rockford, IL, 61101 priced at $171,300 pairs $2,143/mo rent with $955/mo cash flow after a $838/mo payment. Total monthly income equals $2,143/mo, and annual cash flow comes to $11,463/yr on $56,786 invested. Return on cash invested is 40.1% in year one, and rental yield stands at 15.01% on a $171,300 basis. Equity gained on principal adds $1,105/yr, and 5% annual appreciation accumulates to $47,327 by year five. Five-year ROI measures 212.14% and total cumulative return in cash reaches $120,465. For financing, Ziffy Mortgage’s DSCR program evaluates $2,143/mo property income against a $838/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61101, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,098 (44.5%) |
| Renter Occupied HU | 3,962 (43.0%) |
| Vacant Housing Units | 1,156 (12.5%) |
| Median Home Value | $139,259 |
| Average Home Value | $174,350 |
Housing Distribution
Address Breakdown
Residential
8,359
Single Family
7,351
Multi-Family
1,008
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices