113 E Arcadia AvePeoriaIL61603
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 113 E Arcadia Ave, Peoria, IL, 61603 in Peoria. Priced at $114,900, it generates $1,476/mo in gross rent and $679/mo in net monthly cash flow, a 15.42% yield that comfortably supports the 2.85 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,148. Five-year appreciation: $31,745. Equity from principal paydown: $1,058/yr. Total projected cumulative return: $87,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 6.2% |
| Monthly Cash Flow | $679 | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,476 |
| Total Monthly Debt Service | $751 |
| DSCR Ratio | 1.96x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61603, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,673 (100%) |
| Owner Occupied HU | 3,136 (40.9%) |
| Renter Occupied HU | 3,124 (40.7%) |
| Vacant Housing Units | 1,413 (18.4%) |
| Median Home Value | $79,801 |
| Average Home Value | $126,921 |
Housing Distribution
Address Breakdown
Residential
6,181
Single Family
5,686
Multi-Family
495
Businesses
419
Nearby investment properties with comparable rents
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
Single Family
Built in 1935
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61603, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,673 (100%) |
| Owner Occupied HU | 3,136 (40.9%) |
| Renter Occupied HU | 3,124 (40.7%) |
| Vacant Housing Units | 1,413 (18.4%) |
| Median Home Value | $79,801 |
| Average Home Value | $126,921 |
Housing Distribution
Address Breakdown
Residential
6,181
Single Family
5,686
Multi-Family
495
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices