1412 Fairwood DrBellevilleIL62220
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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 Belleville at 1412 Fairwood Dr, Belleville, IL, 62220 offers a 6.29% rental yield on a $391,460 purchase with $2,053/mo rent. 79% in year one. Equity gained on principal adds $2,526/yr while 5% annual appreciation supports $108,153 over five years. Portfolio math shows five-year ROI at 70.98% and total cumulative return in cash at $92,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,053/mo property income against a $1,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62220, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,953 (100%) |
| Owner Occupied HU | 5,076 (56.7%) |
| Renter Occupied HU | 2,674 (29.9%) |
| Vacant Housing Units | 1,203 (13.4%) |
| Median Home Value | $173,638 |
| Average Home Value | $202,056 |
Housing Distribution
Address Breakdown
Residential
8,096
Single Family
7,597
Multi-Family
499
Businesses
674
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Listed by: Steven D Bennett • Re/Max Signature Properties
Mls Name: MARIS
Mls ID: #25075534