1623 E Hendryx LnPeoriaIL61615
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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 1623 E Hendryx Ln, Peoria, IL, 61615 offers $1,686/mo rent that, after a $611/mo payment, leaves $820/mo cash flow. Total monthly income is $1,686/mo, and annual cash flow is $9,840/yr on $41,404 cash. Return on cash invested measures 43.67% in year one, and rental yield stands at 16.2% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 231.25% and total cumulative return in cash reaches $95,746. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,686/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61615, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 7,052 (57.5%) |
| Renter Occupied HU | 4,115 (33.6%) |
| Vacant Housing Units | 1,088 ( 8.9%) |
| Median Home Value | $251,998 |
| Average Home Value | $296,530 |
Housing Distribution
Address Breakdown
Residential
11,409
Single Family
8,904
Multi-Family
2,505
Businesses
1,041
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Listed by: Melissa R Stevenson • Keller Williams Revolution.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255240
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.