216 S Pecan StDe SotoIL62924
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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 De Soto at 216 S Pecan St, De Soto, IL, 62924 with 5% annual appreciation on a $119,000 basis while $912/mo rent supports operations. Total monthly income totals $912/mo and a $582/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,044/yr on $39,449 deployed, and return on cash invested reaches 22.56% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.2%. Five-year ROI measures 118.16% and total cumulative return in cash totals $46,613.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $912/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62924, De Soto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 800 (58.8%) |
| Renter Occupied HU | 397 (29.2%) |
| Vacant Housing Units | 164 (12.0%) |
| Median Home Value | $115,099 |
| Average Home Value | $154,128 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,151
Multi-Family
0
Businesses
42
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