805 Park Ave WPrincetonIL61356
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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 805 Park Ave W, Princeton, IL, 61356 with 5% annual appreciation on a $122,805 basis while $1,566/mo rent supports operations. Total monthly income totals $1,566/mo and a $601/mo payment preserves $665/mo for cash returns. Annual cash flow comes to $7,979/yr on $40,710 deployed, and return on cash invested reaches 39.51% in year one. Equity gained on principal adds $792/yr, and five-year appreciation sums $33,929 alongside rental yield of 15.3%. Five-year ROI measures 209.46% and total cumulative return in cash totals $85,272.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,566/mo property income versus a $601/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.44 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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