2605 S Tiara StriPeoriaIL61607
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThere's a case for owning boring assets in strong markets. Rental yield 7.64%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $57,992 and $1,933/yr in equity build project total return of $72,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $(119) | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,337 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 0.97x |
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 1969
0.35 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
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 1969
0.35 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: Donna L Fauntleroy • Coldwell Banker Real Estate Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258292
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.