803 E Tripp AvePeoriaIL61603
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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 at 803 E Tripp Ave, Peoria, IL, 61603 with 5% annual appreciation on a $125,000 basis while $1,159/mo rent supports operations. Total monthly income totals $1,159/mo and a $612/mo payment preserves $203/mo for cash returns. Annual cash flow comes to $2,433/yr on $41,438 deployed, and return on cash invested reaches 25.78% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 11.13%. Five-year ROI measures 136.29% and total cumulative return in cash totals $56,477.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,159/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61603, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,673 (100%) |
| Owner Occupied HU | 3,136 (40.9%) |
| Renter Occupied HU | 3,124 (40.7%) |
| Vacant Housing Units | 1,413 (18.4%) |
| Median Home Value | $79,801 |
| Average Home Value | $126,921 |
Housing Distribution
Address Breakdown
Residential
6,181
Single Family
5,686
Multi-Family
495
Businesses
419
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Listed by: Jamie Harwood • Re/Max Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254397
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.