520 N Chambers StGalesburgIL61401
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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 Galesburg at 520 N Chambers St, Galesburg, IL, 61401 offers a 14.09% rental yield on a $221,900 purchase with $2,605/mo rent. Total monthly income registers $2,605/mo, and a $1,086/mo payment leaves $1,066/mo available for distribution. Annual cash flow reaches $12,791/yr on $73,560 to close, and return on cash invested stands at 37.3% in year one. Equity gained on principal adds $1,432/yr while 5% annual appreciation supports $61,307 over five years. Portfolio math shows five-year ROI at 197.06% and total cumulative return in cash at $144,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,605/mo property income against a $1,086/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1876
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61401, Galesburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,243 (100%) |
| Owner Occupied HU | 8,650 (56.7%) |
| Renter Occupied HU | 4,783 (31.4%) |
| Vacant Housing Units | 1,810 (11.9%) |
| Median Home Value | $102,521 |
| Average Home Value | $143,193 |
Housing Distribution
Address Breakdown
Residential
13,990
Single Family
12,438
Multi-Family
1,552
Businesses
1,024
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