2232 Mayflower DrPekinIL61554
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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
Rental property for sale in Pekin at 2232 Mayflower Dr, Pekin, IL, 61554 priced at $279,900 converts $2,428/mo rent into $480/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,428/mo, and annual cash flow totals $5,763/yr on $92,787 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 10.41% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 137.19% and total cumulative return in cash sums $127,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,428/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.67 Acres lot
$N/A/sqft
$75 annually 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: Chris Marek • Realty Executives Acclaimed
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255160
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.