221 Lebanon AveBellevilleIL62220
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
Investment Highlights
Investment property for sale in Belleville at 221 Lebanon Ave, Belleville, IL, 62220 with 5% annual appreciation on a $159,900 basis while $1,262/mo rent supports operations. Total monthly income totals $1,262/mo and a $783/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,830/yr on $53,007 deployed, and return on cash invested reaches 23.36% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.47%. Five-year ROI measures 122.37% and total cumulative return in cash totals $64,866.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,262/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
6,969 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: Jessica Gratzl • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25072924