2417 Mount Vernon CtPekinIL61554
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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 2417 Mount Vernon Ct, Pekin, IL, 61554 uses $62,952 cash to close to unlock $4,287/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $929/mo payment keeps the spread at $357/mo. Purchase price stands at $189,900, and rental yield measures 10.58% with $1,674/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 140.4% and total cumulative return in cash records $88,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.38 Acres 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: Conor Wowra • Gallery Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258157
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.