1705 Spruce Hill DrBellevilleIL62221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1705 Spruce Hill Dr, Belleville, IL, 62221 earns $80/mo cash flow from $773/mo rent with a $489/mo payment. Total monthly income totals $773/mo, and annual cash flow totals $958/yr on $33,150 capital. ROI tracks 22.8% on current figures, and rental yield reads 9.28% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 119.32% and total cumulative return in cash sums $39,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $773/mo property income instead of your personal income.
Single Family
Built in 1991
0.49 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam F Jokisch • Adams Auction & Real Estate Services Inc.
Mls Name: MARIS
Mls ID: #25079904