1001 SW Adams St #206PeoriaIL61602
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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 Peoria at 1001 SW Adams St #206, Peoria, IL, 61602 generates $1,407/mo in rent and, after a $881/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,407/mo, and annual cash flow is $1,902/yr on $59,670 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 9.38% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 120.95% and total cumulative return in cash sums $72,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,407/mo property income rather than buyer’s personal income.
Condo
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61602, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 98 (13.1%) |
| Renter Occupied HU | 510 (68.1%) |
| Vacant Housing Units | 141 (18.8%) |
| Median Home Value | $251,429 |
| Average Home Value | $222,653 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
172
Multi-Family
655
Businesses
629
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