805 N Sterling AvePeoriaIL61604
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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 805 N Sterling Ave, Peoria, IL, 61604 with 5% annual appreciation on a $125,000 basis while $980/mo rent supports operations. Total monthly income totals $980/mo and a $612/mo payment preserves $113/mo for cash returns. Annual cash flow comes to $1,353/yr on $41,438 deployed, and return on cash invested reaches 23.18% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.41%. Five-year ROI measures 121.38% and total cumulative return in cash totals $50,297.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $980/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
5,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61604, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,182 (100%) |
| Owner Occupied HU | 7,911 (55.8%) |
| Renter Occupied HU | 4,547 (32.1%) |
| Vacant Housing Units | 1,724 (12.2%) |
| Median Home Value | $105,578 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
12,779
Single Family
11,446
Multi-Family
1,333
Businesses
549
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Listed by: Amy Harris • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255273
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.