918 S 3rd St,Rockford,IL,61104

Investment Highlights

Investment property for sale in Rockford at 918 S 3rd St, Rockford, IL, 61104 listed at $108,800 pairs $819/mo rent with a $533/mo payment to leave $64/mo cash flow. Total monthly income runs $819/mo, and annual cash flow reaches $766/yr on $36,067 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 9.03% at a $108,800 basis. Equity gained on principal adds $702/yr, and annual property appreciation at 5% supports $30,059 by year five. Five-year ROI tracks 115.24% and total cumulative return in cash totals $41,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $819/mo property income relative to a $533/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).