10 Farmstead DrGalenaIL61036
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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
Investment property for sale in Galena at 10 Farmstead Dr, Galena, IL, 61036 uses $68,786 cash to close to unlock $196/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $1,456/mo, and a $1,016/mo payment keeps the spread at $16/mo. Purchase price stands at $207,500, and rental yield measures 8.42% with $1,456/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $57,328 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash records $72,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,456/mo property income covering a $1,016/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61036, Galena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,265 (100%) |
| Owner Occupied HU | 2,653 (50.4%) |
| Renter Occupied HU | 640 (12.2%) |
| Vacant Housing Units | 1,972 (37.5%) |
| Median Home Value | $272,621 |
| Average Home Value | $307,280 |
Housing Distribution
Address Breakdown
Residential
3,854
Single Family
3,700
Multi-Family
154
Businesses
458
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