147 Caroline StEast 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
Investment property for sale in East Peoria at 147 Caroline St, East Peoria, IL, 61611 earns $126/mo cash flow from $951/mo rent with a $582/mo payment. Total monthly income totals $951/mo, and annual cash flow totals $1,512/yr on $39,449 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.59% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $49,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $951/mo property income instead of your personal income.
Single Family
Built in 1938
4,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alan Birlingmair • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12552313