123 SW Jefferson St #E4WPeoriaIL61602
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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
Rental property for sale in Peoria at 123 SW Jefferson St #E4W, Peoria, IL, 61602 offers $977/mo rent that, after a $636/mo payment. Total monthly income is $977/mo. Return on cash invested measures 11.85% in year one, and rental yield stands at 9.03% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 64.31% and total cumulative return in cash reaches $27,691. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $977/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$365 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
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Listed by: Mary Davis • Gallery Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255404
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.