405 W Wachter RdGalenaIL61036
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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
Rental property for sale in Galena at 405 W Wachter Rd, Galena, IL, 61036 priced at $424,500 converts $3,014/mo rent into $69/mo cash flow after a $2,078/mo obligation. Total monthly income equals $3,014/mo, and annual cash flow totals $832/yr on $140,722 invested. Return on cash invested prints 20.5% in year one, and rental yield reads 8.52% against a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation compiles into $117,282 by year five. Five-year ROI reaches 107.01% and total cumulative return in cash sums $150,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,014/mo property income covering a $2,078/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61036, Galena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,265 (100%) |
| Owner Occupied HU | 2,653 (50.4%) |
| Renter Occupied HU | 640 (12.2%) |
| Vacant Housing Units | 1,972 (37.5%) |
| Median Home Value | $272,621 |
| Average Home Value | $307,280 |
Housing Distribution
Address Breakdown
Residential
3,854
Single Family
3,700
Multi-Family
154
Businesses
458
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