413 Spring StGalenaIL61036
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
Investment Highlights
Investment property for sale in Galena at 413 Spring St, Galena, IL, 61036 with 5% annual appreciation on a $169,000 basis while $1,240/mo rent supports operations. Total monthly income totals $1,240/mo and a $827/mo payment preserves $68/mo for cash returns. Annual cash flow comes to $815/yr on $56,024 deployed, and return on cash invested reaches 21.36% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 8.8%. Five-year ROI measures 111.61% and total cumulative return in cash totals $62,527.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,240/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices