1322 W Peru StPrincetonIL61356
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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 1322 W Peru St, Princeton, IL, 61356 offers a 7.46% rental yield on a $149,500 purchase with $930/mo rent. 31% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Portfolio math shows five-year ROI at 89.91% and total cumulative return in cash at $44,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1856
1.53 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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