31 S 88th StBellevilleIL62223
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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 Belleville at 31 S 88th St, Belleville, IL, 62223 offers $1,121/mo rent that, after a $548/mo payment, leaves $286/mo cash flow. Total monthly income is $1,121/mo, and annual cash flow is $3,432/yr on $37,128 cash. Return on cash invested measures 29.15% in year one, and rental yield stands at 12.01% at a $112,000 entry. Equity gained on principal adds $723/yr while 5% annual appreciation compounds into $30,944 by year five. Five-year ROI records 154.05% and total cumulative return in cash reaches $57,195. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,121/mo property income versus a $548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1928
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Sandi L Lewis • RE/MAX Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #25018606
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