A22 Long Bay Point Dr #A22GalenaIL61036
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
Investment Highlights
Rental property for sale in Galena at A22 Long Bay Point Dr #A22, Galena, IL, 61036 priced at $369,900 converts $3,360/mo rent into $142/mo cash flow after a $1,810/mo obligation. Total monthly income equals $3,360/mo, and annual cash flow totals $1,701/yr on $122,622 invested. Return on cash invested prints 21.3% in year one, and rental yield reads 10.9% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 113.58% and total cumulative return in cash sums $139,270. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$653 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61036, Galena, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,265 (100%) |
| Owner Occupied HU | 2,653 (50.4%) |
| Renter Occupied HU | 640 (12.2%) |
| Vacant Housing Units | 1,972 (37.5%) |
| Median Home Value | $272,621 |
| Average Home Value | $307,280 |
Housing Distribution
Address Breakdown
Residential
3,854
Single Family
3,700
Multi-Family
154
Businesses
458
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Listed by: Charles Kirkwood • Coldwell Banker Real Estate Group
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12321816
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)