509 Park AveGalenaIL61036
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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 Galena at 509 Park Ave, Galena, IL, 61036 earns $224/mo cash flow from $2,096/mo rent with a $1,321/mo payment. Total monthly income totals $2,096/mo, and annual cash flow totals $2,687/yr on $89,472 capital. ROI tracks 22.91% on current figures, and rental yield reads 9.32% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 119.91% and total cumulative return in cash sums $107,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,096/mo property income instead of your personal income.
Single Family
Built in 1940
6,969 sqft 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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Listed by: Shawn Vanderpool • Choice Realty Of Galena
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.