1606 E Belle AveBellevilleIL62221
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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 1606 E Belle Ave, Belleville, IL, 62221 listed at $160,000 pairs $1,277/mo rent with a $783/mo payment to leave $167/mo cash flow. Total monthly income runs $1,277/mo, and annual cash flow reaches $2,008/yr on $53,040 cash to close. Return on cash invested measures 23.69% in year one, and rental yield registers 9.58% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 124.19% and total cumulative return in cash totals $65,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,277/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62221, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 7,788 (61.2%) |
| Renter Occupied HU | 4,046 (31.8%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $232,761 |
| Average Home Value | $264,956 |
Housing Distribution
Address Breakdown
Residential
12,440
Single Family
11,741
Multi-Family
699
Businesses
368
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Listed by: Kara Fitterer • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #25066525