510 W Heinz DrPrincevilleIL61559
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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 510 W Heinz Dr, Princeville, IL, 61559 at $217,000 posts ROI 37.21% with $1,037/mo cash flow from $2,593/mo rent. Total monthly income equals $2,593/mo, and annual cash flow records $12,446/yr on $71,936 to close. Return on cash invested measures 37.21% and rental yield reads 14.34% at the current $217,000. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 196.98% and total cumulative return in cash totals $141,701.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,593/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
10,018 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
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Listed by: Kim Ely • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253024
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.