18 Garrettsen DrBellevilleIL62223
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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
Rental property for sale in Belleville at 18 Garrettsen Dr, Belleville, IL, 62223 generates $2,473/mo in rent and, after a $1,101/mo payment, leaves $663/mo in cash flow. Total monthly income is $2,473/mo, and annual cash flow is $7,951/yr on $74,588 invested. Return on cash invested sits at 30.57% in year one, and rental yield is 13.19% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 162.47% and total cumulative return in cash sums $121,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,473/mo property income rather than buyer’s personal income.
Condo
Built in 1987
6,690 sqft lot
$N/A/sqft
$250 monthly HOA
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Listed by: Ann A Hoerner • Nester Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25038830
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