3510 N Elmcroft TerPeoriaIL61604
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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
Investment property for sale in Peoria at 3510 N Elmcroft Ter, Peoria, IL, 61604 offers a 13.89% rental yield on a $126,999 purchase with $1,470/mo rent. Total monthly income registers $1,470/mo, and a $622/mo payment leaves $589/mo available for distribution. Annual cash flow reaches $7,065/yr on $42,100 to close, and return on cash invested stands at 36.69% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,087 over five years. Portfolio math shows five-year ROI at 193.84% and total cumulative return in cash at $81,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,470/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,309 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61604, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,182 (100%) |
| Owner Occupied HU | 7,911 (55.8%) |
| Renter Occupied HU | 4,547 (32.1%) |
| Vacant Housing Units | 1,724 (12.2%) |
| Median Home Value | $105,578 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
12,779
Single Family
11,446
Multi-Family
1,333
Businesses
549
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Listed by: Joshua Abraham • EXP Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253051
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.