1104-1106 N Ellis StPeoriaIL61606
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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 Peoria at 1104-1106 N Ellis St, Peoria, IL, 61606 listed at $124,900 pairs $1,273/mo rent with a $611/mo payment to leave $407/mo cash flow. Total monthly income runs $1,273/mo, and annual cash flow reaches $4,884/yr on $41,404 cash to close. Return on cash invested measures 31.7% in year one, and rental yield registers 12.23% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 167.08% and total cumulative return in cash totals $69,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,273/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1920
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61606, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 928 (30.0%) |
| Renter Occupied HU | 1,502 (48.5%) |
| Vacant Housing Units | 664 (21.5%) |
| Median Home Value | $142,609 |
| Average Home Value | $171,385 |
Housing Distribution
Address Breakdown
Residential
2,558
Single Family
1,860
Multi-Family
698
Businesses
158
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