2142 Gallant Fox Cir #1MontgomeryIL60538
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2142 Gallant Fox Cir #1, Montgomery, IL, 60538 in Montgomery is narrow, $4/mo net on $1,842/mo rent after the $1,192/mo debt service, but the property operates at break-even-plus, not a loss. At $265,000 with a 8.34% yield, the long-run equity case via 5% appreciation ($73,215 over five years) and $2,441/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $101,563.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 10.0% |
| Monthly Cash Flow | $4 | $200 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,842 |
| Total Monthly Debt Service | $1,733 |
| DSCR Ratio | 1.06x |
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.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60538, Montgomery, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,298 (100%) |
| Owner Occupied HU | 8,095 (78.6%) |
| Renter Occupied HU | 1,961 (19.0%) |
| Vacant Housing Units | 242 ( 2.3%) |
| Median Home Value | $261,970 |
| Average Home Value | $273,612 |
Housing Distribution
Address Breakdown
Residential
10,214
Single Family
9,940
Multi-Family
274
Businesses
424
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
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60538, Montgomery, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,298 (100%) |
| Owner Occupied HU | 8,095 (78.6%) |
| Renter Occupied HU | 1,961 (19.0%) |
| Vacant Housing Units | 242 ( 2.3%) |
| Median Home Value | $261,970 |
| Average Home Value | $273,612 |
Housing Distribution
Address Breakdown
Residential
10,214
Single Family
9,940
Multi-Family
274
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Hauser • Charles Rutenberg Realty of IL
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12429296