2240 Birmingham DrShilohIL62221
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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 Shiloh at 2240 Birmingham Dr, Shiloh, IL, 62221 at $400,000 posts ROI 30.33% with $1,152/mo cash flow from $3,960/mo rent. Total monthly income equals $3,960/mo, and annual cash flow records $13,824/yr on $132,600 to close. Return on cash invested measures 30.33% and rental yield reads 11.88% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 159.83% and total cumulative return in cash totals $211,936.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
9,583 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62221, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 7,788 (61.2%) |
| Renter Occupied HU | 4,046 (31.8%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $232,761 |
| Average Home Value | $264,956 |
Housing Distribution
Address Breakdown
Residential
12,440
Single Family
11,741
Multi-Family
699
Businesses
368
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Listed by: Janell M Schmittling • Homes By Janell
Mls Name: MARIS
Mls Provider:
Mls ID: #25028490
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