108 N Ostrom AvePrincevilleIL61559
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 108 N Ostrom Ave, Princeville, IL, 61559 in Princeville is listed at $245,000 and delivers $2,151/mo in rent and $390/mo in net monthly cash flow. The 10.62% yield and 1.95 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $67,689 over five years, and $2,256/yr in principal reduction supplements cash return. Total projected cumulative return: $116,080.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.0% |
| Monthly Cash Flow | $390 | $150 |
City averages based on Princeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,151 |
| Total Monthly Debt Service | $1,713 |
| DSCR Ratio | 1.26x |
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 1987
0.29 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61559, Princeville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 1,049 (78.0%) |
| Renter Occupied HU | 160 (11.9%) |
| Vacant Housing Units | 136 (10.1%) |
| Median Home Value | $242,178 |
| Average Home Value | $271,568 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,161
Multi-Family
26
Businesses
82
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 1987
0.29 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61559, Princeville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 1,049 (78.0%) |
| Renter Occupied HU | 160 (11.9%) |
| Vacant Housing Units | 136 (10.1%) |
| Median Home Value | $242,178 |
| Average Home Value | $271,568 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,161
Multi-Family
26
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Pinon • Mel Foster Co. Kewanee
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262917
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.