3802 W Richwoods Blvd #1PeoriaIL61615
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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 3802 W Richwoods Blvd #1, Peoria, IL, 61615 offers a 9.44% rental yield on a $139,900 purchase with $1,101/mo rent. 14% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 101.28% and total cumulative return in cash at $46,971. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,101/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
$160 monthly 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
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Listed by: Brandi Davis • EXP Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257252
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.