1803 E Belle AveBellevilleIL62221
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1803 E Belle Ave, Belleville, IL, 62221 in Belleville at $149,900 earns $1,317/mo in rent and nets $160/mo after the $674/mo payment, a 9.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $41,415 over five years. Ziffy Mortgage underwrites this on a 1.95 DSCR without U.S. credit history. With $1,381/yr in principal paydown, total projected return reaches $75,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.8% |
| Monthly Cash Flow | $160 | $520 |
City averages based on Belleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,317 |
| Total Monthly Debt Service | $980 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1927
6,098 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
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
Single Family
Built in 1927
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Zouglas • Keller Williams Pinnacle
Mls Name: MARIS
Mls Provider:
Mls ID: #25035401
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