119 W South StPrincevilleIL61559
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 119 W South St, Princeville, IL, 61559 in Princeville: $2,024/mo in rent, $1,179/mo net, 20.08% gross yield, all on a $121,000 acquisition. The 3.72 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $33,430 in value, and $1,114/yr in principal paydown steadily builds equity. Projected total cumulative return: $122,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.1% | 5.0% |
| Monthly Cash Flow | $1,179 | $150 |
City averages based on Princeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,024 |
| Total Monthly Debt Service | $797 |
| DSCR Ratio | 2.54x |
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 1880
0.40 Acres lot
$N/A/sqft
No 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 1880
0.40 Acres lot
$N/A/sqft
No 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