214 Lee StBethaltoIL62010
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.63% yield at 214 Lee St, Bethalto, IL, 62010 in Bethalto is solid, but the $513/mo payment compresses net cash flow to $124/mo at $114,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,496 by year five, and $1,050/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $51,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $124 | $250 |
City averages based on Bethalto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $915 |
| Total Monthly Debt Service | $745 |
| DSCR Ratio | 1.23x |
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 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62010, Bethalto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,013 (100%) |
| Owner Occupied HU | 3,493 (69.7%) |
| Renter Occupied HU | 1,136 (22.7%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $230,733 |
| Average Home Value | $248,189 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,786
Multi-Family
212
Businesses
230
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 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62010, Bethalto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,013 (100%) |
| Owner Occupied HU | 3,493 (69.7%) |
| Renter Occupied HU | 1,136 (22.7%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $230,733 |
| Average Home Value | $248,189 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,786
Multi-Family
212
Businesses
230
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices