21 High Ridge RunGalenaIL61036
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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
Rental property for sale in Galena at 21 High Ridge Run, Galena, IL, 61036 priced at $689,900 pairs $5,215/mo rent with $334/mo cash flow after a $3,377/mo payment. Total monthly income equals $5,215/mo, and annual cash flow comes to $4,003/yr on $226,977 invested. Return on cash invested is 21.82% in year one, and rental yield stands at 9.07% on a $689,900 basis. Equity gained on principal adds $4,452/yr, and 5% annual appreciation accumulates to $190,607 by year five. Five-year ROI measures 114.25% and total cumulative return in cash reaches $259,321. For financing, Ziffy Mortgage’s DSCR program evaluates $5,215/mo property income against a $3,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.17 Acres lot
$N/A/sqft
$1,150 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
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Listed by: NON-NWIAR Member • Northwest Illinois Alliance Of Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502889
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.