1013 Broadway StPekinIL61554
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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 1013 Broadway St, Pekin, IL, 61554 listed at $189,900 pairs $1,502/mo rent with a $929/mo payment to leave $185/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $2,223/yr on $62,952 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.49% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 122.83% and total cumulative return in cash totals $77,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1879
9,060 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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Listed by: Mary Ann Ladendorf • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256604
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.