324 N Powder Mill RdBellevilleIL62223
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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 324 N Powder Mill Rd, Belleville, IL, 62223 listed at $387,500 pairs $2,593/mo rent with a $1,897/mo payment. Total monthly income runs $2,593/mo. Return on cash invested measures 19.02% in year one, and rental yield registers 8.03% at a $387,500 basis. Equity gained on principal adds $2,500/yr, and annual property appreciation at 5% supports $107,059 by year five. Five-year ROI tracks 99.06% and total cumulative return in cash totals $127,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,593/mo property income relative to a $1,897/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Chad H Doyle • RE/MAX Preferred
Mls Name: MARIS
Mls ID: #25062283