17 Signal Point LnGalenaIL61036
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
Investment property for sale in Galena at 17 Signal Point Ln, Galena, IL, 61036 with 5% annual appreciation on a $559,000 basis while $5,045/mo rent supports operations. Total monthly income totals $5,045/mo and a $2,736/mo payment preserves $1,054/mo for cash returns. Annual cash flow comes to $12,652/yr on $183,911 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $3,607/yr, and five-year appreciation sums $154,441 alongside rental yield of 10.83%. Five-year ROI measures 141.77% and total cumulative return in cash totals $260,739.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,045/mo property income versus a $2,736/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
1.60 Acres lot
$N/A/sqft
$1,360 annually 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
Listed by: DAMON HEIM • Coldwell Banker Network Realty
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202406339
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.