7407 W Country View DrPeoriaIL61607
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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 Peoria at 7407 W Country View Dr, Peoria, IL, 61607 generates $2,175/mo in rent, after a $1,664/mo payment. Total monthly income is $2,175/mo. Return on cash invested sits at 17.96% in year one, and rental yield is 7.68% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 93.41% and total cumulative return in cash sums $105,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.93 Acres 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
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Listed by: Wendy S Kolbus • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258963
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.