1409 West 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
Rental property for sale in Bethalto at 1409 West Dr, Bethalto, IL, 62010 priced at $364,900 converts $1,200/mo rent into after a $1,786/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 6.71% in year one, and rental yield reads 3.95% against a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,815 by year five. Five-year ROI reaches 32.99% and total cumulative return in cash sums $39,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Multi Family
Built in 1971
0.50 Acres 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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Listed by: Tina M Davis • Market Pro Realty, Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25016173
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