814 2nd Ave,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 814 2nd Ave, Rockford, IL, 61104 offers a 11.14% rental yield on a $135,000 purchase with $1,253/mo rent. Total monthly income registers $1,253/mo, and a $661/mo payment leaves $316/mo available for distribution. Annual cash flow reaches $3,796/yr on $44,753 to close, and return on cash invested stands at 28.39% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 149.38% and total cumulative return in cash at $66,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,253/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.