22 Terrace DrBellevilleIL62223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 22 Terrace Dr, Belleville, IL, 62223 in Belleville. At $120,000 it earns $1,218/mo in rent and distributes $386/mo to the owner after the $540/mo payment, a consistent 12.18% yield. DSCR 2.26 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $33,154 in value; $1,105/yr in principal paydown compounds ownership stake. Total projected return: $70,689.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 4.8% |
| Monthly Cash Flow | $386 | $520 |
City averages based on Belleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,218 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 1.55x |
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 1949
0.31 Acres lot
$N/A/sqft
No HOA
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 1949
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Wehnes • Keller Williams Realty Platinum East
Mls Name: MARIS
Mls ID: #25054539