109 E Frances AvePeoriaIL61614
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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 109 E Frances Ave, Peoria, IL, 61614 priced at $146,800 converts $1,855/mo rent into $836/mo cash flow after a $719/mo obligation. Total monthly income equals $1,855/mo, and annual cash flow totals $10,035/yr on $48,664 invested. Return on cash invested prints 40.53% in year one, and rental yield reads 15.16% against a $146,800 entry. Equity gained on principal adds $947/yr, while 5% annual appreciation compiles into $40,558 by year five. Five-year ROI reaches 214.5% and total cumulative return in cash sums $104,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $719/mo payment, not borrower’s personal income.
Single Family
Built in 1948
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61614, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 8,303 (59.0%) |
| Renter Occupied HU | 4,339 (30.8%) |
| Vacant Housing Units | 1,424 (10.1%) |
| Median Home Value | $184,935 |
| Average Home Value | $222,170 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
9,645
Multi-Family
3,945
Businesses
1,019
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