822 22nd Ave, Rockford, IL, 61104 | $550/mo Cash Flow

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1341 sft

5135 Diane Ct, Rockford, IL, 61108

2 Bed
2 Bath
1341 sft

13000 Primrose Pl UNIT C, Poplar Grove, IL, 61065

3 Bed
1 Bath
1158 sft

17810 E State Route 72, Monroe Center, IL, 61052

3 Bed
2 Bath
1803 sft

1103 Frosty Morning Dr, Davis Junction, IL, 61020

Nearby investment properties with comparable prices

Currently Rented+ 3 more

2 Bed
1 Bath
1120 sft

1328 Revell Ave, Rockford, IL, 61107

Investment Property+ 2 more

2 Bed
1 Bath
672 sft

1524 Virginia Ave, Rockford, IL, 61101

2 Bed
1 Bath
1282 sft

2929 Sewell St, Rockford, IL, 61109

Investment Property+ 1 more

2 Bed
1 Bath
- sft

203 Wallace Ave, Machesney Park, IL, 61115

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Rockford at 822 22nd Ave, Rockford, IL, 61104 uses $38,123 cash to close to unlock $6,602/yr annual cash flow and $550/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $563/mo payment keeps the spread at $550/mo. Purchase price stands at $115,000, and rental yield measures 14.07% with $1,348/mo rent. Return on cash invested shows 37.23% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 196.82% and total cumulative return in cash records $75,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $563/mo payment rather than investor’s personal income.

Single Family

Built in 1928

4,791 sqft lot

$N/A/sqft

No HOA