2421 W Sherman AveWest PeoriaIL61604
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
Rental property for sale in West Peoria at 2421 W Sherman Ave, West Peoria, IL, 61604 priced at $124,900 pairs $2,258/mo rent with $1,392/mo cash flow after a $611/mo payment. Total monthly income equals $2,258/mo, and annual cash flow comes to $16,704/yr on $41,404 invested. Return on cash invested is 60.25% in year one, and rental yield stands at 21.69% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 320.13% and total cumulative return in cash reaches $132,550. For financing, Ziffy Mortgage’s DSCR program evaluates $2,258/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61604, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,182 (100%) |
| Owner Occupied HU | 7,911 (55.8%) |
| Renter Occupied HU | 4,547 (32.1%) |
| Vacant Housing Units | 1,724 (12.2%) |
| Median Home Value | $105,578 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
12,779
Single Family
11,446
Multi-Family
1,333
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Davis • Gallery Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1251756
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.