328 Dundee RdEast PeoriaIL61611
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
Rental property for sale in East Peoria at 328 Dundee Rd, East Peoria, IL, 61611 priced at $164,900 converts $1,020/mo rent into after a $807/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 17.19% in year one, and rental yield reads 7.42% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 89.33% and total cumulative return in cash sums $48,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61611, East Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,504 (100%) |
| Owner Occupied HU | 8,235 (71.6%) |
| Renter Occupied HU | 2,082 (18.1%) |
| Vacant Housing Units | 1,187 (10.3%) |
| Median Home Value | $172,922 |
| Average Home Value | $212,663 |
Housing Distribution
Address Breakdown
Residential
10,529
Single Family
10,149
Multi-Family
380
Businesses
861
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Davies • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261269