2922 Vernier AveBellevilleIL62226
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 2922 Vernier Ave, Belleville, IL, 62226 listed at $148,900 pairs $1,400/mo rent with a $729/mo payment to leave $367/mo cash flow. Total monthly income runs $1,400/mo, and annual cash flow reaches $4,404/yr on $49,360 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 11.28% at a $148,900 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,138 by year five. Five-year ROI tracks 151.67% and total cumulative return in cash totals $74,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,400/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
8,276 sqft 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: Robert J Knysak • Century 21 Advantage
Mls Name: MARIS
Mls Provider:
Mls ID: #24078532
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_197)