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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Belleville, IL

Listed for sale 4 days ago
$ 299,000
ROI
26.5
Cash Flow/m
562- 3 Bed
- 3 Bath
- 2762 sft
23 Persimmon Rdg, Belleville, IL, 62223

$ 179,000
ROI
19.9
Cash Flow/m
4- 2 Bed
- 3 Bath
- 1742 sft
247 Caballeros Blvd, Belleville, IL, 62221

$ 225,000
ROI
30.3
Cash Flow/m
663- 2 Bed
- 3 Bath
- 2283 sft
18 Garrettsen Dr, Belleville, IL, 62223

$ 190,000
ROI
21.1
Cash Flow/m
70- 2 Bed
- 2 Bath
- 1600 sft
7618 Baxter Dr, 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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