2606 N Wisconsin AvePeoriaIL61603
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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
Investment property for sale in Peoria at 2606 N Wisconsin Ave, Peoria, IL, 61603 uses $35,802 cash to close to unlock $1,338/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $861/mo, and a $529/mo payment keeps the spread at $112/mo. Purchase price stands at $108,000, and rental yield measures 9.57% with $861/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 123.94% and total cumulative return in cash records $44,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $861/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1929
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61603, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,673 (100%) |
| Owner Occupied HU | 3,136 (40.9%) |
| Renter Occupied HU | 3,124 (40.7%) |
| Vacant Housing Units | 1,413 (18.4%) |
| Median Home Value | $79,801 |
| Average Home Value | $126,921 |
Housing Distribution
Address Breakdown
Residential
6,181
Single Family
5,686
Multi-Family
495
Businesses
419
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