1946 Stingray CtBellevilleIL62221
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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 1946 Stingray Ct, Belleville, IL, 62221 earns $117/mo cash flow from $1,331/mo rent with a $857/mo payment. Total monthly income totals $1,331/mo, and annual cash flow totals $1,400/yr on $58,013 capital. ROI tracks 22.32% on current figures, and rental yield reads 9.13% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $67,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,331/mo property income instead of your personal income.
Single Family
Built in 1995
4,356 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: Cari Brunner • RE/MAX Preferred
Mls Name: MARIS
Mls ID: #25065634