708 NW 7th AveGalvaIL61434
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 708 NW 7th Ave, Galva, IL, 61434 in Galva speaks for itself: 20.68% gross on a $134,900 price, generating $2,324/mo in rent and $1,362/mo in net income after the $607/mo debt service. DSCR 3.83, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,339 stacks alongside $37,270 in projected five-year appreciation and $1,242/yr in principal reduction. Projected total cumulative return: $139,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.7% | 7.0% |
| Monthly Cash Flow | $1,362 | $1,200 |
City averages based on Galva market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,324 |
| Total Monthly Debt Service | $909 |
| DSCR Ratio | 2.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61434, Galva, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,004 (64.5%) |
| Renter Occupied HU | 315 (20.2%) |
| Vacant Housing Units | 238 (15.3%) |
| Median Home Value | $115,602 |
| Average Home Value | $152,480 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,314
Multi-Family
72
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1966
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61434, Galva, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,004 (64.5%) |
| Renter Occupied HU | 315 (20.2%) |
| Vacant Housing Units | 238 (15.3%) |
| Median Home Value | $115,602 |
| Average Home Value | $152,480 |
Housing Distribution
Address Breakdown
Residential
1,386
Single Family
1,314
Multi-Family
72
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices