4505 N Thornhill DrPeoriaIL61615
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
Rental property for sale in Peoria at 4505 N Thornhill Dr, Peoria, IL, 61615 priced at $173,000 converts $1,342/mo rent into after a $847/mo obligation. Total monthly income equals $1,342/mo. Return on cash invested prints 18.01% in year one, and rental yield reads 9.31% against a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation compiles into $47,797 by year five. Five-year ROI reaches 95.48% and total cumulative return in cash sums $54,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,342/mo property income covering a $847/mo payment, not borrower’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$2,450 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Deiss • Keller Williams Revolution Mac
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256176
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.