923 Olive 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 923 Olive St, Galesburg, IL, 61401 at $155,000 posts ROI 28.68% with $376/mo cash flow from $1,451/mo rent. Total monthly income equals $1,451/mo, and annual cash flow records $4,506/yr on $51,383 to close. Return on cash invested measures 28.68% and rental yield reads 11.23% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 150.9% and total cumulative return in cash totals $77,536.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,451/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.31 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: Thomas L Knapp • RE/MAX Preferred Properties
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035952
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.