626 N Princeville AvePrincevilleIL61559
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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 626 N Princeville Ave, Princeville, IL, 61559 uses $61,294 cash to close to unlock $2,298/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,474/mo, and a $905/mo payment keeps the spread at $192/mo. Purchase price stands at $184,900, and rental yield measures 9.57% with $1,474/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 123.96% and total cumulative return in cash records $75,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,474/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1974
9,583 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: #PA1259700
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.