302 S State StEast GalesburgIL61430
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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 East Galesburg at 302 S State St, East Galesburg, IL, 61430 earns $180/mo cash flow from $1,283/mo rent with a $778/mo payment. Total monthly income totals $1,283/mo, and annual cash flow totals $2,164/yr on $52,709 capital. ROI tracks 24.02% on current figures, and rental yield reads 9.68% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash sums $66,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,283/mo property income instead of your personal income.
Single Family
Built in 1983
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61430, East Galesburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 355 (100%) |
| Owner Occupied HU | 203 (57.2%) |
| Renter Occupied HU | 120 (33.8%) |
| Vacant Housing Units | 32 ( 9.0%) |
| Median Home Value | $157,328 |
| Average Home Value | $190,677 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
7
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Listed by: Marissa Meyer • Platinum Key Real Estate, LLC
Mls Name: RMLS Alliance
Mls ID: #CA1040133