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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Belleville, IL
$ 179,900
ROI
25.0
Cash Flow/m
263- 2 Bed
- 2 Bath
- 1576 sft
1933 Celebration Park Cir, Belleville, IL, 62220
$ 299,000
ROI
25.6Cash Flow/m
483- 3 Bed
- 3 Bath
- 2762 sft
23 Persimmon Rdg, Belleville, IL, 62223
Currently Rented
Rental Income
$ 239,900
ROI
21.9Cash Flow/m
143- 2 Bed
- 2 Bath
- 2464 sft
122 Mascoutah Ave, Belleville, IL, 62220
$ 119,500
ROI
22.1Cash Flow/m
77- 3 Bed
- 2 Bath
- 1496 sft
7510 Claymont Ct APT 4, Belleville, IL, 62223
Why Invest in Belleville, Illinois?
Belleville, IL offers strong potential for condo investors seeking steady rental income near Scott Air Force Base. Affordable entry prices around $150K combined with 4-5% annual appreciation make it attractive. Average rents near $1,000 support 6-8% yields in a market with growing demand. Low vacancy and proximity to St. Louis enhance long-term cash flow stability. Statewide forecasts predict 3.4% price growth through 2026.
7.2%
Avg. ROI
7.1%
Rental Yield
6.8%
Cap Rate
$420/mo
Avg. Cash Flow
$985/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Proximity to Scott AFB ensures stable tenant demand from military personnel. Average rents of $985 deliver 7% yields on $150K properties. Steady 4-5% appreciation adds long-term value.
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