3420 N Saint Michael AvePeoriaIL61615
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 Peoria at 3420 N Saint Michael Ave, Peoria, IL, 61615 priced at $199,000 pairs $1,501/mo rent with $121/mo cash flow after a $974/mo payment. Total monthly income equals $1,501/mo, and annual cash flow comes to $1,448/yr on $65,969 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 9.05% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 115.61% and total cumulative return in cash reaches $76,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,501/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61615, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,255 (100%) |
| Owner Occupied HU | 7,052 (57.5%) |
| Renter Occupied HU | 4,115 (33.6%) |
| Vacant Housing Units | 1,088 ( 8.9%) |
| Median Home Value | $251,998 |
| Average Home Value | $296,530 |
Housing Distribution
Address Breakdown
Residential
11,409
Single Family
8,904
Multi-Family
2,505
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daisy Bouillon • Sunflower Real Estate Group, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257123
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.