1004 E Hazard AvePeoria HeightsIL61616
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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 Heights at 1004 E Hazard Ave, Peoria Heights, IL, 61616 priced at $156,000 pairs $1,411/mo rent with $329/mo cash flow after a $764/mo payment. Total monthly income equals $1,411/mo, and annual cash flow comes to $3,942/yr on $51,714 invested. Return on cash invested is 27.53% in year one, and rental yield stands at 10.85% on a $156,000 basis. Equity gained on principal adds $1,007/yr, and 5% annual appreciation accumulates to $43,100 by year five. Five-year ROI measures 144.71% and total cumulative return in cash reaches $74,838. For financing, Ziffy Mortgage’s DSCR program evaluates $1,411/mo property income against a $764/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
3,750 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: Derek Wiseman • eXp Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254511
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.