2761 Brookmeadow DrBellevilleIL62221
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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 2761 Brookmeadow Dr, Belleville, IL, 62221 uses $96,135 cash to close to unlock $6,471/yr annual cash flow and $539/mo monthly cash flow. Total monthly income runs $2,646/mo, and a $1,419/mo payment keeps the spread at $539/mo. Purchase price stands at $290,000, and rental yield measures 10.95% with $2,646/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $134,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,646/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6,098 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: Barbara A Shelton • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25016376
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