3430 N Peoria Dr #NB167SpringfieldIL62702
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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 Springfield at 3430 N Peoria Dr #NB167, Springfield, IL, 62702 generates $802/mo in rent and, after a $499/mo payment, leaves $95/mo in cash flow. Total monthly income is $802/mo, and annual cash flow is $1,139/yr on $33,780 invested. Return on cash invested sits at 23.28% in year one, and rental yield is 9.44% on a $101,900 entry. Equity gained on principal adds $658/yr, while 5% annual appreciation builds toward $28,153 over five years. Five-year ROI reaches 121.88% and total cumulative return in cash sums $41,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $802/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62702, Springfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,461 (100%) |
| Owner Occupied HU | 9,223 (52.8%) |
| Renter Occupied HU | 5,839 (33.4%) |
| Vacant Housing Units | 2,399 (13.7%) |
| Median Home Value | $107,233 |
| Average Home Value | $139,772 |
Housing Distribution
Address Breakdown
Residential
16,552
Single Family
14,916
Multi-Family
1,636
Businesses
931
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Listed by: Krista Grant • Northbrook
Mls Name: My State MLS
Mls ID: #11458281