321 Roanoke DrBellevilleIL62221
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 321 Roanoke Dr, Belleville, IL, 62221 at $259,900 posts ROI 27.48% with $543/mo cash flow from $2,346/mo rent. Total monthly income equals $2,346/mo, and annual cash flow records $6,520/yr on $86,157 to close. Return on cash invested measures 27.48% and rental yield reads 10.83% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 144.43% and total cumulative return in cash totals $124,438.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,346/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No 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: Shawna Holtman • Keller Williams Pinnacle
Mls Name: MARIS
Mls Provider:
Mls ID: #25024868
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