402 E Belleville AveChristopherIL62822
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.05% yield at 402 E Belleville Ave, Christopher, IL, 62822 in Christopher is solid, but the $809/mo payment compresses net cash flow to $109/mo at $179,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $49,703 by year five, and $1,657/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.68) without U.S. income documentation. Total projected return: $75,838.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $109 | $350 |
City averages based on Christopher market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,357 |
| Total Monthly Debt Service | $1,176 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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