402 E Pearson StEurekaIL61530
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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 Eureka at 402 E Pearson St, Eureka, IL, 61530 generates $1,798/mo in rent, after a $1,297/mo payment. Total monthly income is $1,798/mo. Return on cash invested sits at 19.36% in year one, and rental yield is 8.14% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 100.87% and total cumulative return in cash sums $88,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,798/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
9,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61530, Eureka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,631 (100%) |
| Owner Occupied HU | 1,847 (70.2%) |
| Renter Occupied HU | 618 (23.5%) |
| Vacant Housing Units | 166 ( 6.3%) |
| Median Home Value | $182,292 |
| Average Home Value | $212,197 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,413
Multi-Family
134
Businesses
233
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