3035 Peoria StStegerIL60475
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
Investment property for sale in Steger at 3035 Peoria St, Steger, IL, 60475 uses $57,979 cash to close to unlock $2,111/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,389/mo, and a $856/mo payment keeps the spread at $176/mo. Purchase price stands at $174,900, and rental yield measures 9.53% with $1,389/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 123.35% and total cumulative return in cash records $71,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,389/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60475, Steger, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,467 (54.3%) |
| Renter Occupied HU | 1,684 (37.1%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $159,193 |
| Average Home Value | $265,384 |
Housing Distribution
Address Breakdown
Residential
4,166
Single Family
3,479
Multi-Family
687
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices