406 W Peoria StElmwoodIL61529
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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 Elmwood at 406 W Peoria St, Elmwood, IL, 61529 priced at $115,600 pairs $1,439/mo rent with $637/mo cash flow after a $566/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $7,644/yr on $38,321 invested. Return on cash invested is 39.86% in year one, and rental yield stands at 14.94% on a $115,600 basis. Equity gained on principal adds $746/yr, and 5% annual appreciation accumulates to $31,938 by year five. Five-year ROI measures 210.73% and total cumulative return in cash reaches $80,754. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
10,362 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61529, Elmwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,231 (100%) |
| Owner Occupied HU | 936 (76.0%) |
| Renter Occupied HU | 180 (14.6%) |
| Vacant Housing Units | 115 ( 9.3%) |
| Median Home Value | $200,773 |
| Average Home Value | $225,238 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
68
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