111 Plum Cove DrGalenaIL61036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Galena at 111 Plum Cove Dr, Galena, IL, 61036 priced at $244,000 pairs $1,961/mo rent with $269/mo cash flow after a $1,194/mo payment. Total monthly income equals $1,961/mo, and annual cash flow comes to $3,226/yr on $80,886 invested. Return on cash invested is 23.9% in year one, and rental yield stands at 9.64% on a $244,000 basis. Equity gained on principal adds $1,574/yr, and 5% annual appreciation accumulates to $67,413 by year five. Five-year ROI measures 125.21% and total cumulative return in cash reaches $101,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,961/mo property income against a $1,194/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1982
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices