1310 E Samuel Ave #3FPeoria HeightsIL61616
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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 Heights at 1310 E Samuel Ave #3F, Peoria Heights, IL, 61616 generates $2,867/mo in rent, after a $2,080/mo payment. Total monthly income is $2,867/mo. Return on cash invested sits at 19.22% in year one, and rental yield is 8.1% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 100.15% and total cumulative return in cash sums $141,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,867/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61616, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,484 (53.8%) |
| Renter Occupied HU | 976 (35.4%) |
| Vacant Housing Units | 300 (10.9%) |
| Median Home Value | $108,245 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,047
Single Family
2,417
Multi-Family
630
Businesses
274
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Listed by: Brandon Dean • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261358