500 Lakeside AvePekinIL61554
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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 500 Lakeside Ave, Pekin, IL, 61554 at $253,900 posts ROI 36.01% with $1,130/mo cash flow from $2,891/mo rent. Total monthly income equals $2,891/mo, and annual cash flow records $13,555/yr on $84,168 to close. Return on cash invested measures 36.01% and rental yield reads 13.66% at the current $253,900. Equity gained on principal adds $1,638/yr, and 5% annual appreciation supports $70,148 by year five. Five-year ROI prints 190.19% and total cumulative return in cash totals $160,078.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,891/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
10,000 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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