222 Wabash 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 222 Wabash Ave, Belleville, IL, 62220 with 5% annual appreciation on a $215,000 basis while $2,135/mo rent supports operations. Total monthly income totals $2,135/mo and a $1,052/mo payment preserves $644/mo for cash returns. Annual cash flow comes to $7,728/yr on $71,273 deployed, and return on cash invested reaches 30.75% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.92%. Five-year ROI measures 162.04% and total cumulative return in cash totals $115,489.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,135/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1896
7,405 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: Jake L Kline • Real Broker LLC
Mls Name: MARIS
Mls ID: #25062821