1761 Old Park LnSwanseaIL62226
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
Rental property for sale in Swansea at 1761 Old Park Ln, Swansea, IL, 62226 offers $1,982/mo rent that, after a $1,531/mo payment. Total monthly income is $1,982/mo. Return on cash invested measures 15.19% in year one, and rental yield stands at 7.6% at a $312,900 entry. Equity gained on principal adds $2,019/yr while 5% annual appreciation compounds into $86,449 by year five. Five-year ROI records 79.46% and total cumulative return in cash reaches $82,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,982/mo property income versus a $1,531/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62226, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,499 (100%) |
| Owner Occupied HU | 8,318 (57.4%) |
| Renter Occupied HU | 4,615 (31.8%) |
| Vacant Housing Units | 1,566 (10.8%) |
| Median Home Value | $201,090 |
| Average Home Value | $231,123 |
Housing Distribution
Address Breakdown
Residential
12,949
Single Family
11,666
Multi-Family
1,283
Businesses
755
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Listed by: Tina M Besserman • Century 21 Bailey & Company
Mls Name: MARIS
Mls Provider:
Mls ID: #24002661
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