23 Persimmon RdgBellevilleIL62223
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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 Belleville at 23 Persimmon Rdg, Belleville, IL, 62223 earns from $1,796/mo rent with a $1,463/mo payment. Total monthly income totals $1,796/mo. ROI tracks 16.55% on current figures, and rental yield reads 7.21% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 85.82% and total cumulative return in cash sums $85,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,796/mo property income instead of your personal income.
Condo
Built in 1987
2.86 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ann A Hoerner • Nester Realty
Mls Name: MARIS
Mls ID: #26004267