817 W Ridge RdPeoriaIL61614
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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 817 W Ridge Rd, Peoria, IL, 61614 priced at $128,500 pairs $1,027/mo rent with $136/mo cash flow after a $629/mo payment. Total monthly income equals $1,027/mo, and annual cash flow comes to $1,628/yr on $42,598 invested. Return on cash invested is 23.73% in year one, and rental yield stands at 9.59% on a $128,500 basis. Equity gained on principal adds $829/yr, and 5% annual appreciation accumulates to $35,502 by year five. Five-year ROI measures 124.37% and total cumulative return in cash reaches $52,980. For financing, Ziffy Mortgage’s DSCR program evaluates $1,027/mo property income against a $629/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61614, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 8,303 (59.0%) |
| Renter Occupied HU | 4,339 (30.8%) |
| Vacant Housing Units | 1,424 (10.1%) |
| Median Home Value | $184,935 |
| Average Home Value | $222,170 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
9,645
Multi-Family
3,945
Businesses
1,019
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