115 2nd StPawneeIL62558
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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 Pawnee at 115 2nd St, Pawnee, IL, 62558 generates $1,050/mo in rent, after a $1,115/mo payment. Total monthly income is $1,050/mo. Return on cash invested sits at 11.49% in year one, and rental yield is 5.53% on a $227,900 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,965 over five years. Five-year ROI reaches 58.67% and total cumulative return in cash sums $44,323. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62558, Pawnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,585 (100%) |
| Owner Occupied HU | 1,193 (75.3%) |
| Renter Occupied HU | 255 (16.1%) |
| Vacant Housing Units | 137 ( 8.6%) |
| Median Home Value | $197,624 |
| Average Home Value | $210,166 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,185
Multi-Family
30
Businesses
64
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