499 Goodsill DrEast 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 499 Goodsill Dr, East Galesburg, IL, 61430 offers a 4.87% rental yield on a $340,000 purchase with $1,380/mo rent. 49% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 47.97% and total cumulative return in cash at $54,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
N/A 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: Kellie R Shane • Gallery Homes Real Estate
Mls Name: RMLS Alliance
Mls ID: #PA1259353