1715 8th StPeruIL61354
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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 Peru at 1715 8th St, Peru, IL, 61354 generates $1,800/mo in rent and, after a $1,001/mo payment, leaves $381/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $4,578/yr on $67,792 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.56% on a $204,500 entry. Equity gained on principal adds $1,320/yr, while 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash sums $94,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1864
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61354, Peru, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,167 (100%) |
| Owner Occupied HU | 3,443 (66.6%) |
| Renter Occupied HU | 1,281 (24.8%) |
| Vacant Housing Units | 443 ( 8.6%) |
| Median Home Value | $204,858 |
| Average Home Value | $234,466 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,547
Multi-Family
343
Businesses
682
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