7755 S Main StRockfordIL61102
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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 7755 S Main St, Rockford, IL, 61102 priced at $109,900 converts $848/mo rent into $86/mo cash flow after a $538/mo obligation. Total monthly income equals $848/mo, and annual cash flow totals $1,027/yr on $36,432 invested. Return on cash invested prints 22.73% in year one, and rental yield reads 9.26% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 118.98% and total cumulative return in cash sums $43,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $848/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.94 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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Listed by: Julie Humpal • Re/Max Property Source
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501725
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