406 Joliet RdMarquette HeightsIL61554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marquette Heights at 406 Joliet Rd, Marquette Heights, IL, 61554 at $179,900 posts ROI 26.95% with $350/mo cash flow from $1,598/mo rent. Total monthly income equals $1,598/mo, and annual cash flow records $4,196/yr on $59,637 to close. Return on cash invested measures 26.95% and rental yield reads 10.66% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 141.59% and total cumulative return in cash totals $84,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,598/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
8,625 sqft 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: Ryan Tucker • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259502
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.