1604 Menard 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 1604 Menard Dr, Belleville, IL, 62220 offers a 11.17% rental yield on a $159,000 purchase with $1,480/mo rent. Total monthly income registers $1,480/mo, and a $778/mo payment leaves $377/mo available for distribution. Annual cash flow reaches $4,528/yr on $52,709 to close, and return on cash invested stands at 28.5% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 149.94% and total cumulative return in cash at $79,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,147 sqft 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: Joe J Carroll • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls ID: #25065754