5834 E New Bear Creek RdPekinIN47465
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 Pekin at 5834 E New Bear Creek Rd, Pekin, IN, 47465 offers a 7.23% rental yield on a $579,400 purchase with $3,491/mo rent. Total monthly income registers $3,491/mo, and a $2,836/mo payment leaves $1/mo available for distribution. Annual cash flow reaches $15/yr on $190,623 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $3,739/yr while 5% annual appreciation supports $160,078 over five years. Portfolio math shows five-year ROI at 103.46% and total cumulative return in cash at $197,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,491/mo property income against a $2,836/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47465, Switz City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 195 (69.1%) |
| Renter Occupied HU | 53 (18.8%) |
| Vacant Housing Units | 34 (12.1%) |
| Median Home Value | $152,964 |
| Average Home Value | $129,744 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices