520 E Main St, Pekin, IN, 47165 | $201/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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520 E Main St, Pekin, IN, 47165 | $201/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pekin at 520 E Main St, Pekin, IN, 47165 offers a 8.25% rental yield on a $230,000 purchase with $1,582/mo rent. Total monthly income registers $1,582/mo, and a $1,126/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,413/yr on $76,245 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 119.62% and total cumulative return in cash at $91,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,582/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1942

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

CHARMING. FRESH. CONVENIENT. Completely renovated with HGTV quality finishes you will be mesmerized with this home. Conveniently located right off the main street in Pekin, this charming home offers THREE bedrooms and TWO bathrooms. Enjoy relaxing on the covered front porch overlooking a spacious front yard. Step inside to a welcoming living area with an open floor plan that flows seamlessly into the eat-in kitchen - perfect for everyday living and entertaining. To the right, you will find a laundry area, guest bathroom, and two comfortable bedrooms. Upstairs, the private master suite features its own full bathroom, creating a peaceful retreat. A one-car detached garage provides additional convenience and storage. Some of the most recent updates include: All new electrical, plumbing, central air with heat pump and whole house dehumidifier, 6 closed cell spray foam on walls, 6 open cell spray foam on roof deck, Titan N270 digital tankless water heater, porcelain tile floors on first floor, custom walk-in showers, smart mirror in downstairs bath, vanities have marble tops, J&J solid wood cabinets, LED lighting throughout, 12x24 complete steel tube shed with concrete slab and electric, tongue and groove pine ceiling on porch, and Low-E double pane windows. Utility averages are: Duke ($80/month) and East Washington City Sewer & Water ($50/month). Home has the possibility of qualifying for 100% USDA financing. With thoughtful updates and a welcoming layout, this home is ready for you to make it your own.