805 E State Road 60PekinIN47165
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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 805 E State Road 60, Pekin, IN, 47165 offers a 10.84% rental yield on a $165,000 purchase with $1,490/mo rent. Total monthly income registers $1,490/mo, and a $808/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,989/yr on $54,698 to close, and return on cash invested stands at 30.86% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 161.4% and total cumulative return in cash at $88,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,490/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Mary McCoskey Finkle • Mainstreet REALTORS
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011458
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.