22 S 9th StBellevilleIL62220
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 22 S 9th St, Belleville, IL, 62220 in Belleville deserves attention. This $120,000 property earns $1,417/mo in rent, a 14.17% gross yield, and nets $585/mo after the $540/mo payment. DSCR 2.62 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $33,154 compounds alongside $1,105/yr in yearly equity build, for a total cumulative return of $83,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 4.8% |
| Monthly Cash Flow | $585 | $520 |
City averages based on Belleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,417 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 1.81x |
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.
Multi Family
Built in 1887
6,098 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
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
Multi Family
Built in 1887
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dorothy Cushshon • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls ID: #25033235