1002 E Samuel AvePeoria HeightsIL61616
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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
Investment Highlights
Investment property for sale in Peoria Heights at 1002 E Samuel Ave, Peoria Heights, IL, 61616 offers a 9.85% rental yield on a $139,000 purchase with $1,141/mo rent. Total monthly income registers $1,141/mo, and a $680/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,126/yr on $46,079 to close, and return on cash invested stands at 24.52% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 128.64% and total cumulative return in cash at $59,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,141/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61616, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,484 (53.8%) |
| Renter Occupied HU | 976 (35.4%) |
| Vacant Housing Units | 300 (10.9%) |
| Median Home Value | $108,245 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,047
Single Family
2,417
Multi-Family
630
Businesses
274
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Listed by: Mark D Ferrill • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls ID: #PA1262120