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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 489 Gallatin St, New Haven, IL, 62867 at $145,000 posts ROI 23.7% with $152/mo cash flow from $1,158/mo rent. Total monthly income equals $1,158/mo, and annual cash flow records $1,823/yr on $48,068 to close. Return on cash invested measures 23.7% and rental yield reads 9.58% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 124.17% and total cumulative return in cash totals $59,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,158/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 62867, New Haven, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 295 (100%) |
| Owner Occupied HU | 201 (68.1%) |
| Renter Occupied HU | 47 (15.9%) |
| Vacant Housing Units | 47 (15.9%) |
| Median Home Value | $91,800 |
| Average Home Value | $119,801 |
Residential
118
Single Family
118
Multi-Family
0
Businesses
8
Date | Event | Price |
|---|---|---|
| 2025-08-05 | Listed for sale | $145,000 |
| 2025-04-11 | Listing removed | $159,000 |
| 2024-11-06 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-06 | $531.36 | -2.22% | $24,667 | N/A |
| 2022-08-06 | $543.44 | -4.43% | $24,667 | 5.00% |
| 2021-08-06 | $568.66 | -1.34% | $23,492 | 0.98% |
Listed by: Nikki Edwards • NFE Realty LLC
Mls Name: My State MLS
Mls ID: #11548700
