20 S Church 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
Rental property for sale in Princeton at 20 S Church St, Princeton, IL, 61356 priced at $150,000 converts $1,168/mo rent into $128/mo cash flow after a $734/mo obligation. Total monthly income equals $1,168/mo, and annual cash flow totals $1,533/yr on $49,725 invested. Return on cash invested prints 22.99% in year one, and rental yield reads 9.34% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 120.36% and total cumulative return in cash sums $59,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1890
9,583 sqft 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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