402 W Galena AveWarrenIL61087
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Warren rentals match the income profile of 402 W Galena Ave, Warren, IL, 61087. Listed at $137,000, gross rent is $1,660/mo and net cash flow is $698/mo, a 14.54% yield well above national averages. DSCR 2.69 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $37,851 by year five with $1,262/yr in annual principal reduction, projecting $98,099 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 6.0% |
| Monthly Cash Flow | $698 | $1,200 |
City averages based on Warren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,660 |
| Total Monthly Debt Service | $896 |
| DSCR Ratio | 1.85x |
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61087, Warren, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 550 (69.9%) |
| Renter Occupied HU | 151 (19.2%) |
| Vacant Housing Units | 86 (10.9%) |
| Median Home Value | $99,811 |
| Average Home Value | $138,623 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
535
Multi-Family
15
Businesses
69
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61087, Warren, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 550 (69.9%) |
| Renter Occupied HU | 151 (19.2%) |
| Vacant Housing Units | 86 (10.9%) |
| Median Home Value | $99,811 |
| Average Home Value | $138,623 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
535
Multi-Family
15
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices