7757 Sterling Dr,Rockford,MN,55373

Investment Highlights

Investment property for sale in Rockford at 7757 Sterling Dr, Rockford, MN, 55373 listed at $309,400 pairs $2,836/mo rent with a $1,514/mo payment to leave $694/mo cash flow. Total monthly income runs $2,836/mo, and annual cash flow reaches $8,332/yr on $102,566 cash to close. Return on cash invested measures 28.03% in year one, and rental yield registers 11% at a $309,400 basis. Equity gained on principal adds $1,997/yr, and annual property appreciation at 5% supports $85,482 by year five. Five-year ROI tracks 147.38% and total cumulative return in cash totals $151,163. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,836/mo property income relative to a $1,514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).