1624 W Barker AvePeoriaIL61606
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 1624 W Barker Ave, Peoria, IL, 61606 in Peoria is straightforward: $110,370 in, $1,296/mo in rent, $433/mo out after debt service. The 14.09% gross yield and 2.61 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $30,493 by year five. With $1,017/yr in principal equity, the total cumulative return is projected at $70,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.2% |
| Monthly Cash Flow | $433 | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,296 |
| Total Monthly Debt Service | $820 |
| 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.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61606, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 928 (30.0%) |
| Renter Occupied HU | 1,502 (48.5%) |
| Vacant Housing Units | 664 (21.5%) |
| Median Home Value | $142,609 |
| Average Home Value | $171,385 |
Housing Distribution
Address Breakdown
Residential
2,558
Single Family
1,860
Multi-Family
698
Businesses
158
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
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61606, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,094 (100%) |
| Owner Occupied HU | 928 (30.0%) |
| Renter Occupied HU | 1,502 (48.5%) |
| Vacant Housing Units | 664 (21.5%) |
| Median Home Value | $142,609 |
| Average Home Value | $171,385 |
Housing Distribution
Address Breakdown
Residential
2,558
Single Family
1,860
Multi-Family
698
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices