1637 W Moss AvePeoriaIL61606
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1637 W Moss Ave, Peoria, IL, 61606 in Peoria is priced for appreciation, not yield. Rental yield 4.26%. At $334,000 with a 4.26% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $92,278 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.79) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $55,017.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(1,131) | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,186 |
| Total Monthly Debt Service | $2,184 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1900
6,493 sqft 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 1900
6,493 sqft 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
Listed by: Jody Williams • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1260521
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.