1417 Caroline 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 1417 Caroline St, Pekin, IL, 61554 listed at $119,000 pairs $912/mo rent with a $582/mo payment to leave $62/mo cash flow. Total monthly income runs $912/mo, and annual cash flow reaches $744/yr on $39,449 cash to close. Return on cash invested measures 21.79% in year one, and rental yield registers 9.2% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 114.21% and total cumulative return in cash totals $45,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $912/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
5,885 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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Listed by: Pamela Keller • Sunflower Real Estate Group, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254666
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.