206 Union AveBellevilleIL62220
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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 206 Union Ave, Belleville, IL, 62220 offers $1,540/mo rent that, after a $910/mo payment, leaves $250/mo cash flow. Total monthly income is $1,540/mo, and annual cash flow is $3,005/yr on $61,626 cash. Return on cash invested measures 24.79% in year one, and rental yield stands at 9.94% at a $185,900 entry. Equity gained on principal adds $1,200/yr while 5% annual appreciation compounds into $51,361 by year five. Five-year ROI records 130.01% and total cumulative return in cash reaches $80,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,540/mo property income versus a $910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62220, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,953 (100%) |
| Owner Occupied HU | 5,076 (56.7%) |
| Renter Occupied HU | 2,674 (29.9%) |
| Vacant Housing Units | 1,203 (13.4%) |
| Median Home Value | $173,638 |
| Average Home Value | $202,056 |
Housing Distribution
Address Breakdown
Residential
8,096
Single Family
7,597
Multi-Family
499
Businesses
674
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