119 W South StPrincevilleIL61559
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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 Princeville at 119 W South St, Princeville, IL, 61559 with 5% annual appreciation on a $121,000 basis while $2,024/mo rent supports operations. Total monthly income totals $2,024/mo and a $592/mo payment preserves $1,179/mo for cash returns. Annual cash flow comes to $14,143/yr on $40,112 deployed, and return on cash invested reaches 55.17% in year one. Equity gained on principal adds $781/yr, and five-year appreciation sums $33,430 alongside rental yield of 20.07%. Five-year ROI measures 293.03% and total cumulative return in cash totals $117,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,024/mo property income versus a $592/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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Listed by: Kim Ely • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1252445
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.