3025 NE Madison 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
Rental property for sale in Peoria at 3025 NE Madison Ave, Peoria, IL, 61603 offers $985/mo rent that, after a $621/mo payment, leaves $105/mo cash flow. Total monthly income is $985/mo, and annual cash flow is $1,259/yr on $42,067 cash. Return on cash invested measures 22.9% in year one, and rental yield stands at 9.31% at a $126,900 entry. Equity gained on principal adds $819/yr while 5% annual appreciation compounds into $35,060 by year five. Five-year ROI records 119.84% and total cumulative return in cash reaches $50,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $985/mo property income versus a $621/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.27 Acres 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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Listed by: Rocio Matthews • Coldwell Banker Real Estate Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255230
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.