1315 State 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 1315 State St, Pekin, IL, 61554 uses $48,034 cash to close to unlock $7,718/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $709/mo payment keeps the spread at $643/mo. Purchase price stands at $144,900, and rental yield measures 13.65% with $1,648/mo rent. Return on cash invested shows 35.98% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 190.07% and total cumulative return in cash records $91,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1971
6,360 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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