1821 2nd StPeruIL61354
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 1821 2nd St, Peru, IL, 61354 in Peru at $333,000. Rental yield 6.05%. The 6.05% yield and 1.12 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $92,002 by year five, and $3,067/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $86,909.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 7.2% |
| Monthly Cash Flow | $(630) | $300 |
City averages based on Peru market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $2,177 |
| DSCR Ratio | 0.77x |
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 1915
0.33 Acres 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
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 1915
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices