113 Highview TerEast PeoriaIL61611
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 113 Highview Ter, East Peoria, IL, 61611 in East Peoria at $284,900 earns $2,048/mo in rent and nets $72/mo after the $1,281/mo payment, a 8.63% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $78,713 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $2,624/yr in principal paydown, total projected return reaches $113,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.5% |
| Monthly Cash Flow | $72 | $300 |
City averages based on East Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,048 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 1.10x |
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 1959
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61611, East Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,504 (100%) |
| Owner Occupied HU | 8,235 (71.6%) |
| Renter Occupied HU | 2,082 (18.1%) |
| Vacant Housing Units | 1,187 (10.3%) |
| Median Home Value | $172,922 |
| Average Home Value | $212,663 |
Housing Distribution
Address Breakdown
Residential
10,529
Single Family
10,149
Multi-Family
380
Businesses
861
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 1959
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61611, East Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,504 (100%) |
| Owner Occupied HU | 8,235 (71.6%) |
| Renter Occupied HU | 2,082 (18.1%) |
| Vacant Housing Units | 1,187 (10.3%) |
| Median Home Value | $172,922 |
| Average Home Value | $212,663 |
Housing Distribution
Address Breakdown
Residential
10,529
Single Family
10,149
Multi-Family
380
Businesses
861
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Tucker • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258691
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.