427 S Douglas AveBellevilleIL62220
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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 427 S Douglas Ave, Belleville, IL, 62220 with 5% annual appreciation on a $214,900 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $1,052/mo payment preserves $309/mo for cash returns. Annual cash flow comes to $3,711/yr on $71,239 deployed, and return on cash invested reaches 25.12% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,373 alongside rental yield of 10.05%. Five-year ROI measures 131.82% and total cumulative return in cash totals $93,906.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62220, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,953 (100%) |
| Owner Occupied HU | 5,076 (56.7%) |
| Renter Occupied HU | 2,674 (29.9%) |
| Vacant Housing Units | 1,203 (13.4%) |
| Median Home Value | $173,638 |
| Average Home Value | $202,056 |
Housing Distribution
Address Breakdown
Residential
8,096
Single Family
7,597
Multi-Family
499
Businesses
674
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Listed by: Kathy Mordini • Avenue Realty Associates
Mls Name: MARIS
Mls ID: #25080928