123 SW Jefferson St E #15CPeoriaIL61602
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 123 SW Jefferson St E #15C, Peoria, IL, 61602 in Peoria deserves attention. This $144,900 property earns $2,165/mo in rent, a 17.93% gross yield, and nets $734/mo after the $652/mo payment. DSCR 3.32 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $40,033 compounds alongside $1,335/yr in yearly equity build, for a total cumulative return of $104,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.9% | 6.2% |
| Monthly Cash Flow | $734 | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,165 |
| Total Monthly Debt Service | $1,373 |
| DSCR Ratio | 1.58x |
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.
Condo
Built in 1984
N/A lot
$N/A/sqft
$426 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61602, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 98 (13.1%) |
| Renter Occupied HU | 510 (68.1%) |
| Vacant Housing Units | 141 (18.8%) |
| Median Home Value | $251,429 |
| Average Home Value | $222,653 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
172
Multi-Family
655
Businesses
629
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
Condo
Built in 1984
N/A lot
$N/A/sqft
$426 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61602, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 98 (13.1%) |
| Renter Occupied HU | 510 (68.1%) |
| Vacant Housing Units | 141 (18.8%) |
| Median Home Value | $251,429 |
| Average Home Value | $222,653 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
172
Multi-Family
655
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices