118 S Pekin LnHanna CityIL61536
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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 Hanna City at 118 S Pekin Ln, Hanna City, IL, 61536 offers a 15.72% rental yield on a $140,000 purchase with $1,834/mo rent. Total monthly income registers $1,834/mo, and a $685/mo payment leaves $863/mo available for distribution. Annual cash flow reaches $10,358/yr on $46,410 to close, and return on cash invested stands at 42.23% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 223.6% and total cumulative return in cash at $103,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,834/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,222 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61536, Hanna City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,093 (79.2%) |
| Renter Occupied HU | 196 (14.2%) |
| Vacant Housing Units | 91 ( 6.6%) |
| Median Home Value | $217,940 |
| Average Home Value | $251,882 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,110
Multi-Family
52
Businesses
52
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Listed by: Donna S Jones Craig • Move Smart Realty
Mls Name: RMLS Alliance
Mls ID: #PA1262377