3135 W Starr StPeoriaIL61605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 3135 W Starr St, Peoria, IL, 61605 in Peoria delivers $1,058/mo in gross rent and $261/mo in net monthly income at a $115,000 entry. The 11.04% yield and 2.05 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $31,772 over five years and $1,059/yr in equity from loan paydown, total projected return is $60,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $261 | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,058 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1951
7,735 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61605, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,949 (100%) |
| Owner Occupied HU | 2,320 (33.4%) |
| Renter Occupied HU | 3,360 (48.4%) |
| Vacant Housing Units | 1,269 (18.3%) |
| Median Home Value | $50,913 |
| Average Home Value | $137,629 |
Housing Distribution
Address Breakdown
Residential
5,789
Single Family
4,899
Multi-Family
890
Businesses
258
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 1951
7,735 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61605, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,949 (100%) |
| Owner Occupied HU | 2,320 (33.4%) |
| Renter Occupied HU | 3,360 (48.4%) |
| Vacant Housing Units | 1,269 (18.3%) |
| Median Home Value | $50,913 |
| Average Home Value | $137,629 |
Housing Distribution
Address Breakdown
Residential
5,789
Single Family
4,899
Multi-Family
890
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices