2704 Hibank CtBellevilleIL62226
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 2704 Hibank Ct, Belleville, IL, 62226 listed at $285,000 pairs $2,719/mo rent with a $1,395/mo payment to leave $742/mo cash flow. Total monthly income runs $2,719/mo, and annual cash flow reaches $8,905/yr on $94,478 cash to close. Return on cash invested measures 29.33% in year one, and rental yield registers 11.45% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 154.42% and total cumulative return in cash totals $145,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,719/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62226, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,499 (100%) |
| Owner Occupied HU | 8,318 (57.4%) |
| Renter Occupied HU | 4,615 (31.8%) |
| Vacant Housing Units | 1,566 (10.8%) |
| Median Home Value | $201,090 |
| Average Home Value | $231,123 |
Housing Distribution
Address Breakdown
Residential
12,949
Single Family
11,666
Multi-Family
1,283
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey West • Worth Clark Realty
Mls Name: MARIS
Mls ID: #26005471