514 N Smith StGalatiaIL62935
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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 Galatia at 514 N Smith St, Galatia, IL, 62935 offers $2,312/mo rent that, after a $1,297/mo payment, leaves $474/mo cash flow. Total monthly income is $2,312/mo, and annual cash flow is $5,687/yr on $87,848 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 10.47% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 138.53% and total cumulative return in cash reaches $121,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,312/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62935, Galatia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 589 (62.3%) |
| Renter Occupied HU | 181 (19.2%) |
| Vacant Housing Units | 175 (18.5%) |
| Median Home Value | $132,661 |
| Average Home Value | $169,225 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
47
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