402 E Belleville AveChristopherIL62822
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 Christopher at 402 E Belleville Ave, Christopher, IL, 62822 offers a 9.05% rental yield on a $179,900 purchase with $1,357/mo rent. Total monthly income registers $1,357/mo, and a $881/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,304/yr on $59,637 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 115.58% and total cumulative return in cash at $68,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,357/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,088 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62822, Christopher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,438 (100%) |
| Owner Occupied HU | 889 (61.8%) |
| Renter Occupied HU | 346 (24.1%) |
| Vacant Housing Units | 203 (14.1%) |
| Median Home Value | $92,347 |
| Average Home Value | $125,155 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,271
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Desett • Heavenly Homes Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550373