334 Forrest DrNorth PekinIL61554
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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 North Pekin at 334 Forrest Dr, North Pekin, IL, 61554 offers a 9.5% rental yield on a $175,000 purchase with $1,386/mo rent. Total monthly income registers $1,386/mo, and a $857/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,060/yr on $58,013 to close, and return on cash invested stands at 23.46% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 122.9% and total cumulative return in cash at $71,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,386/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.31 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: Dylan Force • Freedom Realty
Mls Name: RMLS Alliance
Mls ID: #PA1262688