1130 Timber Ridge RdPrincetonIL61356
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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 Princeton at 1130 Timber Ridge Rd, Princeton, IL, 61356 uses $94,842 cash to close to unlock $14,579/yr annual cash flow and $1,215/mo monthly cash flow. Total monthly income runs $3,199/mo, and a $1,400/mo payment keeps the spread at $1,215/mo. Purchase price stands at $286,100, and rental yield measures 13.42% with $3,199/mo rent. Return on cash invested shows 35.28% in year one, and 5% annual appreciation builds toward $79,044 over five years. Five-year ROI reaches 186.25% and total cumulative return in cash records $176,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,199/mo property income covering a $1,400/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61356, Princeton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,594 (68.3%) |
| Renter Occupied HU | 1,209 (23.0%) |
| Vacant Housing Units | 459 ( 8.7%) |
| Median Home Value | $157,674 |
| Average Home Value | $184,805 |
Housing Distribution
Address Breakdown
Residential
5,015
Single Family
4,724
Multi-Family
291
Businesses
516
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