107 Bethel Mine RdCaseyvilleIL62232
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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
Rental property for sale in Caseyville at 107 Bethel Mine Rd, Caseyville, IL, 62232 priced at $138,800 converts $1,319/mo rent into $357/mo cash flow after a $679/mo obligation. Total monthly income equals $1,319/mo, and annual cash flow totals $4,279/yr on $46,012 invested. Return on cash invested prints 29.21% in year one, and rental yield reads 11.4% against a $138,800 entry. Equity gained on principal adds $896/yr, while 5% annual appreciation compiles into $38,348 by year five. Five-year ROI reaches 153.73% and total cumulative return in cash sums $70,734. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,319/mo property income covering a $679/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62232, Caseyville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,301 (68.9%) |
| Renter Occupied HU | 669 (20.0%) |
| Vacant Housing Units | 368 (11.0%) |
| Median Home Value | $216,379 |
| Average Home Value | $265,296 |
Housing Distribution
Address Breakdown
Residential
3,193
Single Family
3,089
Multi-Family
104
Businesses
168
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Listed by: Ben Norrenberns • Judy Dempcy Homes Powered by KW Pinnacle
Mls Name: MARIS
Mls ID: #25072640