407 E Marietta AvePeoria HeightsIL61616
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
Investment Highlights
Investment property for sale in Peoria Heights at 407 E Marietta Ave, Peoria Heights, IL, 61616 at $119,900 posts ROI 48.02% with $931/mo cash flow from $1,763/mo rent. Total monthly income equals $1,763/mo, and annual cash flow records $11,174/yr on $39,747 to close. Return on cash invested measures 48.02% and rental yield reads 17.64% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 254.72% and total cumulative return in cash totals $101,244.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,763/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61616, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,760 (100%) |
| Owner Occupied HU | 1,484 (53.8%) |
| Renter Occupied HU | 976 (35.4%) |
| Vacant Housing Units | 300 (10.9%) |
| Median Home Value | $108,245 |
| Average Home Value | $174,208 |
Housing Distribution
Address Breakdown
Residential
3,047
Single Family
2,417
Multi-Family
630
Businesses
274
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Nearby investment properties with comparable prices
Listed by: Matthew Williams • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls ID: #PA1260867