10 NE 1st AveGalvaIL61434
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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 Galva at 10 NE 1st Ave, Galva, IL, 61434 uses $46,410 cash to close to unlock $1,634/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,107/mo, and a $685/mo payment keeps the spread at $136/mo. Purchase price stands at $140,000, and rental yield measures 9.49% with $1,107/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash records $56,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,107/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 2008
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61434, Galva, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,004 (64.5%) |
| Renter Occupied HU | 315 (20.2%) |
| Vacant Housing Units | 238 (15.3%) |
| Median Home Value | $115,602 |
| Average Home Value | $152,480 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,314
Multi-Family
72
Businesses
108
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