506 Georgia StBethaltoIL62010
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 Bethalto at 506 Georgia St, Bethalto, IL, 62010 listed at $225,000 pairs $1,530/mo rent with a $1,101/mo payment. Total monthly income runs $1,530/mo. Return on cash invested measures 19.27% in year one, and rental yield registers 8.16% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 100.5% and total cumulative return in cash totals $74,961. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,530/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62010, Bethalto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,013 (100%) |
| Owner Occupied HU | 3,493 (69.7%) |
| Renter Occupied HU | 1,136 (22.7%) |
| Vacant Housing Units | 384 ( 7.7%) |
| Median Home Value | $230,733 |
| Average Home Value | $248,189 |
Housing Distribution
Address Breakdown
Residential
4,998
Single Family
4,786
Multi-Family
212
Businesses
230
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Nearby investment properties with comparable prices
Listed by: Kelly A May-Bramlet • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25016505
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