1004 Park AvePekinIL61554
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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 Pekin at 1004 Park Ave, Pekin, IL, 61554 uses $43,062 cash to close to unlock $9,501/yr annual cash flow and $792/mo monthly cash flow. Total monthly income runs $1,693/mo, and a $636/mo payment keeps the spread at $792/mo. Purchase price stands at $129,900, and rental yield measures 15.64% with $1,693/mo rent. Return on cash invested shows 41.97% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 222.17% and total cumulative return in cash records $95,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,693/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1927
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61554, Pekin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,914 (100%) |
| Owner Occupied HU | 12,286 (65.0%) |
| Renter Occupied HU | 4,861 (25.7%) |
| Vacant Housing Units | 1,767 ( 9.3%) |
| Median Home Value | $140,753 |
| Average Home Value | $179,959 |
Housing Distribution
Address Breakdown
Residential
18,167
Single Family
17,205
Multi-Family
962
Businesses
1,000
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