510 S Santa Fe AvePrincevilleIL61559
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Princeville rentals match the income profile of 510 S Santa Fe Ave, Princeville, IL, 61559. Listed at $163,000, gross rent is $1,715/mo and net cash flow is $584/mo, a 12.63% yield well above national averages. DSCR 2.34 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $45,034 by year five with $1,501/yr in annual principal reduction, projecting $99,977 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 5.0% |
| Monthly Cash Flow | $584 | $150 |
City averages based on Princeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,715 |
| Total Monthly Debt Service | $1,066 |
| DSCR Ratio | 1.61x |
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 1920
8,000 sqft 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 1920
8,000 sqft 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
Listed by: Sarah Pinon • Mel Foster Co. Kewanee
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262024
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.