304 Lu Mar DrPearl CityIL61062
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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 Pearl City at 304 Lu Mar Dr, Pearl City, IL, 61062 earns $322/mo cash flow from $1,744/mo rent with a $1,003/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $3,869/yr on $67,958 capital. ROI tracks 25.6% on current figures, and rental yield reads 10.21% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 134.39% and total cumulative return in cash sums $91,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61062, Pearl City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 623 (78.2%) |
| Renter Occupied HU | 124 (15.6%) |
| Vacant Housing Units | 50 ( 6.3%) |
| Median Home Value | $198,349 |
| Average Home Value | $281,954 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
715
Multi-Family
8
Businesses
44
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Listed by: Carson Grigg • Dickerson & Nieman
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202600198