530 W Main StEast 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 530 W Main St, East Galesburg, IL, 61430 listed at $225,000 pairs $1,493/mo rent with a $1,101/mo payment. Total monthly income runs $1,493/mo. Return on cash invested measures 18.82% in year one, and rental yield registers 7.96% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 98.01% and total cumulative return in cash totals $73,101. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,493/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
1.65 Acres 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: Dena May St. George • CENTURY 21 Tucker Swanson
Mls Name: RMLS Alliance
Mls ID: #CA1039449