914 High Point DrRocktonIL61072
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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 Rockton at 914 High Point Dr, Rockton, IL, 61072 generates $1,909/mo in rent and, after a $1,126/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,909/mo, and annual cash flow is $1,181/yr on $76,245 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 9.96% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 113.41% and total cumulative return in cash sums $86,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,909/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61072, Rockton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,483 (100%) |
| Owner Occupied HU | 3,619 (80.7%) |
| Renter Occupied HU | 702 (15.7%) |
| Vacant Housing Units | 162 ( 3.6%) |
| Median Home Value | $223,654 |
| Average Home Value | $242,539 |
Housing Distribution
Address Breakdown
Residential
4,441
Single Family
4,339
Multi-Family
102
Businesses
186
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Listed by: Molly Leonard • Shorewest Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503207
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.