21 SE 2nd StGalvaIL61434
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 21 SE 2nd St, Galva, IL, 61434 in Galva. At $103,999 it earns $1,075/mo in rent and distributes $338/mo to the owner after the $468/mo payment, a consistent 12.41% yield. DSCR 2.30 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $28,733 in value; $958/yr in principal paydown compounds ownership stake. Total projected return: $61,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 7.0% |
| Monthly Cash Flow | $338 | $1,200 |
City averages based on Galva market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,075 |
| Total Monthly Debt Service | $696 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1907
8,462 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
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
Single Family
Built in 1907
8,462 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices