1111 S Mesa DrPeoriaIL61607
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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 1111 S Mesa Dr, Peoria, IL, 61607 uses $76,212 cash to close to unlock $7,339/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,125/mo payment keeps the spread at $612/mo. Purchase price stands at $229,900, and rental yield measures 11.51% with $2,206/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 155.47% and total cumulative return in cash records $118,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61607, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,743 (100%) |
| Owner Occupied HU | 3,626 (76.4%) |
| Renter Occupied HU | 789 (16.6%) |
| Vacant Housing Units | 328 ( 6.9%) |
| Median Home Value | $181,335 |
| Average Home Value | $223,016 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
4,500
Multi-Family
113
Businesses
358
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