248 W Sanborn StGalesburgIL61401
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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
Investment property for sale in Galesburg at 248 W Sanborn St, Galesburg, IL, 61401 at $116,900 posts ROI 22.3% with $77/mo cash flow from $888/mo rent. Total monthly income equals $888/mo, and annual cash flow records $928/yr on $38,752 to close. Return on cash invested measures 22.3% and rental yield reads 9.12% at the current $116,900. Equity gained on principal adds $754/yr, and 5% annual appreciation supports $32,297 by year five. Five-year ROI prints 116.76% and total cumulative return in cash totals $45,246.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61401, Galesburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,243 (100%) |
| Owner Occupied HU | 8,650 (56.7%) |
| Renter Occupied HU | 4,783 (31.4%) |
| Vacant Housing Units | 1,810 (11.9%) |
| Median Home Value | $102,521 |
| Average Home Value | $143,193 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
12,438
Multi-Family
1,552
Businesses
1,024
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