12 Edgewood Ln,Belleville,IL,62223

Investment Highlights

Investment property for sale in Belleville at 12 Edgewood Ln, Belleville, IL, 62223 offers a 9.23% rental yield on a $149,500 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $732/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,353/yr on $49,559 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Portfolio math shows five-year ROI at 118.49% and total cumulative return in cash at $58,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.