Description
Turnkey investment opportunity in Peoria Heights! This 1 bedroom, 1 bath rental is tenant-occupied and generating $1,000/month ($12,000 annually), offering approximately a 13% cap rate at the $65,000 list price. Features a low-maintenance layout in a convenient location near shopping and dining. Perfect for investors seeking an affordable, income-producing asset with immediate cash flow. Tenant owns washer and dryer, and maintains the yard.
-
1BEDS
-
N/AACRES
-
1BATHS
-
01/2 BATHS
-
674SQFT
-
$96$/SQFT
Description
Turnkey investment opportunity in Peoria Heights! This 1 bedroom, 1 bath rental is tenant-occupied and generating $1,000/month ($12,000 annually), offering approximately a 13% cap rate at the $65,000 list price. Features a low-maintenance layout in a convenient location near shopping and dining. Perfect for investors seeking an affordable, income-producing asset with immediate cash flow. Tenant owns washer and dryer, and maintains the yard.
© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-06-07T10:44:51.36.