4023 S Baker LnPeoriaIL61607
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4023 S Baker Ln, Peoria, IL, 61607 in Peoria. Priced at $249,900, it generates $3,082/mo in gross rent and $1,348/mo in net monthly cash flow, a 14.8% yield that comfortably supports the 2.74 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $16,179. Five-year appreciation: $69,043. Equity from principal paydown: $2,302/yr. Total projected cumulative return: $182,357.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 6.2% |
| Monthly Cash Flow | $1,348 | $450 |
City averages based on Peoria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,082 |
| Total Monthly Debt Service | $1,634 |
| DSCR Ratio | 1.89x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61607, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,743 (100%) |
| Owner Occupied HU | 3,626 (76.4%) |
| Renter Occupied HU | 789 (16.6%) |
| Vacant Housing Units | 328 ( 6.9%) |
| Median Home Value | $181,335 |
| Average Home Value | $223,016 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
4,500
Multi-Family
113
Businesses
358
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
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61607, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,743 (100%) |
| Owner Occupied HU | 3,626 (76.4%) |
| Renter Occupied HU | 789 (16.6%) |
| Vacant Housing Units | 328 ( 6.9%) |
| Median Home Value | $181,335 |
| Average Home Value | $223,016 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
4,500
Multi-Family
113
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices