919 W 3rd StPeoriaIL61605
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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 919 W 3rd St, Peoria, IL, 61605 listed at $229,000 pairs $1,332/mo rent with a $1,121/mo payment. Total monthly income runs $1,332/mo. Return on cash invested measures 15.85% in year one, and rental yield registers 6.98% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 82.13% and total cumulative return in cash totals $62,345. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,332/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
3,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61605, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,949 (100%) |
| Owner Occupied HU | 2,320 (33.4%) |
| Renter Occupied HU | 3,360 (48.4%) |
| Vacant Housing Units | 1,269 (18.3%) |
| Median Home Value | $50,913 |
| Average Home Value | $137,629 |
Housing Distribution
Address Breakdown
Residential
5,789
Single Family
4,899
Multi-Family
890
Businesses
258
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Listed by: Jessica Ball • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255859
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.