209 Southgate Dr,Belleville,IL,62223

Investment Highlights

Rental property for sale in Belleville at 209 Southgate Dr, Belleville, IL, 62223 priced at $200,000 converts $1,978/mo rent into $591/mo cash flow after a $979/mo obligation. Total monthly income equals $1,978/mo, and annual cash flow totals $7,088/yr on $66,300 invested. Return on cash invested prints 30.6% in year one, and rental yield reads 11.87% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 161.17% and total cumulative return in cash sums $106,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,978/mo property income covering a $979/mo payment, not borrower’s personal income.