810 Ashland AveRockfordIL61103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 810 Ashland Ave, Rockford, IL, 61103 in Rockford. Priced at $132,500, it generates $1,540/mo in gross rent and $621/mo in net monthly cash flow, a 13.94% yield that comfortably supports the 2.58 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,447. Five-year appreciation: $36,607. Equity from principal paydown: $1,220/yr. Total projected cumulative return: $90,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 9.2% |
| Monthly Cash Flow | $621 | $450 |
City averages based on Rockford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,540 |
| Total Monthly Debt Service | $866 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61103, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,046 (100%) |
| Owner Occupied HU | 5,025 (45.5%) |
| Renter Occupied HU | 4,904 (44.4%) |
| Vacant Housing Units | 1,117 (10.1%) |
| Median Home Value | $143,110 |
| Average Home Value | $176,481 |
Housing Distribution
Address Breakdown
Residential
10,229
Single Family
8,022
Multi-Family
2,207
Businesses
400
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
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61103, Rockford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,046 (100%) |
| Owner Occupied HU | 5,025 (45.5%) |
| Renter Occupied HU | 4,904 (44.4%) |
| Vacant Housing Units | 1,117 (10.1%) |
| Median Home Value | $143,110 |
| Average Home Value | $176,481 |
Housing Distribution
Address Breakdown
Residential
10,229
Single Family
8,022
Multi-Family
2,207
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices