408 Weatherstone 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 408 Weatherstone Dr, Belleville, IL, 62221 listed at $259,900 pairs $2,160/mo rent with a $1,272/mo payment to leave $357/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $4,288/yr on $86,157 cash to close. Return on cash invested measures 24.89% in year one, and rental yield registers 9.97% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 130.56% and total cumulative return in cash totals $112,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney N Marsh • Red Door Realty Group Inc
Mls Name: MARIS
Mls ID: #25074962