511 Oregon StBethaltoIL62010
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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
Rental property for sale in Bethalto at 511 Oregon St, Bethalto, IL, 62010 priced at $240,000 pairs $1,932/mo rent with $267/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,932/mo, and annual cash flow comes to $3,204/yr on $79,560 invested. Return on cash invested is 23.94% in year one, and rental yield stands at 9.66% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 125.42% and total cumulative return in cash reaches $99,782. For financing, Ziffy Mortgage’s DSCR program evaluates $1,932/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
8,001 sqft 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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