1188 N Renee Court, Pekin, IN, 47165 | $253/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Motivated Seller+ 1 more

3 Bed
1 Bath
1320 sft

11072 E State Road 160, Salem, IN, 47167

3 Bed
2 Bath
2044 sft

321 E 13th Street, New Albany, IN, 47150

3 Bed
1 Bath
1728 sft

819 E Utica Street, Sellersburg, IN, 47172

3 Bed
2 Bath
1216 sft

2316 W Vincennes Trail, Salem, IN, 47167

Nearby investment properties with comparable prices

Investment Property+ 1 more

2 Bed
1 Bath
990 sft

147 N Washington Street, Scottsburg, IN, 47170

2 Bed
1 Bath
1106 sft

1802 E Market Street, New Albany, IN, 47150

3 Bed
2 Bath
1270 sft

545 N Taggart Avenue, Clarksville, IN, 47129

1 Bed
1 Bath
900 sft

1409 Slate Run Road UNIT 5, New Albany, IN, 47150

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Pekin at 1188 N Renee Court, Pekin, IN, 47165 uses $53,040 cash to close to unlock $3,032/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $783/mo payment keeps the spread at $253/mo. Purchase price stands at $159,999, and rental yield measures 9.1% with $1,213/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 133.26% and total cumulative return in cash records $70,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $783/mo payment rather than investor’s personal income.

Single Family

Built in 2008

0.50 Acres lot

$N/A/sqft

No HOA