23 N 78th St,Belleville,IL,62223

Investment Highlights

Investment property for sale in Belleville at 23 N 78th St, Belleville, IL, 62223 offers a 9.45% rental yield on a $182,000 purchase with $1,433/mo rent. Total monthly income registers $1,433/mo, and a $891/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,045/yr on $60,333 to close, and return on cash invested stands at 23.3% in year one. Equity gained on principal adds $1,174/yr while 5% annual appreciation supports $50,283 over five years. Portfolio math shows five-year ROI at 122.04% and total cumulative return in cash at $73,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,433/mo property income against a $891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.