11 Richard Pl,Belleville,IL,62223

Investment Highlights

Investment property for sale in Belleville at 11 Richard Pl, Belleville, IL, 62223 listed at $130,000 pairs $991/mo rent with a $636/mo payment to leave $90/mo cash flow. Total monthly income runs $991/mo, and annual cash flow reaches $1,075/yr on $43,095 cash to close. Return on cash invested measures 22.4% in year one, and rental yield registers 9.15% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 117.26% and total cumulative return in cash totals $50,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $991/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).