3901 Michael John DrSwanseaIL62226
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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 Swansea at 3901 Michael John Dr, Swansea, IL, 62226 priced at $331,000 pairs $2,625/mo rent with $329/mo cash flow after a $1,620/mo payment. Total monthly income equals $2,625/mo, and annual cash flow comes to $3,950/yr on $109,727 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 9.52% on a $331,000 basis. Equity gained on principal adds $2,136/yr, and 5% annual appreciation accumulates to $91,449 by year five. Five-year ROI measures 123.15% and total cumulative return in cash reaches $135,133. For financing, Ziffy Mortgage’s DSCR program evaluates $2,625/mo property income against a $1,620/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
9,583 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
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Listed by: Erica L Timko • Keller Williams Marquee
Mls Name: MARIS
Mls Provider:
Mls ID: #25027837
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