513 E Moneta AvePeoria HeightsIL61616
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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 Heights at 513 E Moneta Ave, Peoria Heights, IL, 61616 offers a 12.96% rental yield on a $200,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $979/mo payment leaves $773/mo available for distribution. Annual cash flow reaches $9,272/yr on $66,300 to close, and return on cash invested stands at 33.89% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 178.85% and total cumulative return in cash at $118,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
7,405 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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Listed by: Bryson Smith • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls ID: #PA1261211