560 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 560 N Chambers St, Galesburg, IL, 61401 uses $44,753 cash to close to unlock $3,928/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,264/mo, and a $661/mo payment keeps the spread at $327/mo. Purchase price stands at $135,000, and rental yield measures 11.24% with $1,264/mo rent. Return on cash invested shows 28.69% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 150.94% and total cumulative return in cash records $67,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,264/mo property income covering a $661/mo payment rather than investor’s personal income.
Multi Family
Built in 1896
0.27 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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Listed by: Kori Jensen • CENTURY 21 Tucker Swanson
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1034172
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.