117 Julian AveEast PeoriaIL61611
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
Investment Highlights
Rental property for sale in East Peoria at 117 Julian Ave, East Peoria, IL, 61611 priced at $179,900 pairs $1,427/mo rent with $179/mo cash flow after a $881/mo payment. Total monthly income equals $1,427/mo, and annual cash flow comes to $2,144/yr on $59,637 invested. Return on cash invested is 23.5% in year one, and rental yield stands at 9.52% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 123.14% and total cumulative return in cash reaches $73,437. For financing, Ziffy Mortgage’s DSCR program evaluates $1,427/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,125 sqft 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
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Listed by: Alex J Smith • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls ID: #PA1260807