109 Walnut Ridge DrBethaltoIL62010
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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 Bethalto at 109 Walnut Ridge Dr, Bethalto, IL, 62010 uses $45,515 cash to close to unlock $6,745/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $672/mo payment keeps the spread at $562/mo. Purchase price stands at $137,300, and rental yield measures 13.26% with $1,517/mo rent. Return on cash invested shows 34.73% in year one, and 5% annual appreciation builds toward $37,933 over five years. Five-year ROI reaches 183.43% and total cumulative return in cash records $83,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $672/mo payment rather than investor’s personal income.
Single Family
Built in 1985
8,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62010, Bethalto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,013 (100%) |
| Owner Occupied HU | 3,493 (69.7%) |
| Renter Occupied HU | 1,136 (22.7%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $230,733 |
| Average Home Value | $248,189 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,786
Multi-Family
212
Businesses
230
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