108 N Ostrom AvePrincevilleIL61559
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
Investment property for sale in Princeville at 108 N Ostrom Ave, Princeville, IL, 61559 offers a 10.54% rental yield on a $245,000 purchase with $2,151/mo rent. Total monthly income registers $2,151/mo, and a $1,199/mo payment leaves $341/mo available for distribution. Annual cash flow reaches $4,091/yr on $81,218 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 131.41% and total cumulative return in cash at $106,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,151/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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.