2627 W Lake Pointe TerPeoriaIL61614
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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 2627 W Lake Pointe Ter, Peoria, IL, 61614 offers a 5.91% rental yield on a $549,900 purchase with $2,706/mo rent. 23% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 57.79% and total cumulative return in cash at $104,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,706/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
N/A lot
$N/A/sqft
$212 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61614, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 8,303 (59.0%) |
| Renter Occupied HU | 4,339 (30.8%) |
| Vacant Housing Units | 1,424 (10.1%) |
| Median Home Value | $184,935 |
| Average Home Value | $222,170 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
9,645
Multi-Family
3,945
Businesses
1,019
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Listed by: Courtney Dean • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259020
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.