2324 S Cameron LnPeoriaIL61607
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
Investment Highlights
Investment property for sale in Peoria at 2324 S Cameron Ln, Peoria, IL, 61607 uses $85,859 cash to close to unlock $9,410/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $2,581/mo, and a $1,268/mo payment keeps the spread at $784/mo. Purchase price stands at $259,000, and rental yield measures 11.96% with $2,581/mo rent. Return on cash invested shows 30.87% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 162.65% and total cumulative return in cash records $139,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,581/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61607, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,743 (100%) |
| Owner Occupied HU | 3,626 (76.4%) |
| Renter Occupied HU | 789 (16.6%) |
| Vacant Housing Units | 328 ( 6.9%) |
| Median Home Value | $181,335 |
| Average Home Value | $223,016 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
4,500
Multi-Family
113
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Felecia Serna • Sunflower Real Estate Group, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254544
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.