307 Logan StBethaltoIL62010
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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
Rental property for sale in Bethalto at 307 Logan St, Bethalto, IL, 62010 generates $892/mo in rent and, after a $563/mo payment, leaves $94/mo in cash flow. Total monthly income is $892/mo, and annual cash flow is $1,130/yr on $38,123 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 9.31% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash sums $45,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $892/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62010, Bethalto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,013 (100%) |
| Owner Occupied HU | 3,493 (69.7%) |
| Renter Occupied HU | 1,136 (22.7%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $230,733 |
| Average Home Value | $248,189 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,786
Multi-Family
212
Businesses
230
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