1214 N Kennedy DrPontiacIL61764
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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 Pontiac at 1214 N Kennedy Dr, Pontiac, IL, 61764 uses $64,609 cash to close to unlock $6,385/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $1,884/mo, and a $954/mo payment keeps the spread at $532/mo. Purchase price stands at $194,900, and rental yield measures 11.6% with $1,884/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 156.89% and total cumulative return in cash records $101,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61764, Pontiac, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,937 (100%) |
| Owner Occupied HU | 3,700 (62.3%) |
| Renter Occupied HU | 1,677 (28.2%) |
| Vacant Housing Units | 560 ( 9.4%) |
| Median Home Value | $143,224 |
| Average Home Value | $185,956 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
4,736
Multi-Family
561
Businesses
481
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