6 Lancelot DrBellevilleIL62226
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 6 Lancelot Dr, Belleville, IL, 62226 at $189,900 posts ROI 22.74% with $148/mo cash flow from $1,465/mo rent. Total monthly income equals $1,465/mo, and annual cash flow records $1,779/yr on $62,952 to close. Return on cash invested measures 22.74% and rental yield reads 9.26% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 119.01% and total cumulative return in cash totals $74,921.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62226, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,499 (100%) |
| Owner Occupied HU | 8,318 (57.4%) |
| Renter Occupied HU | 4,615 (31.8%) |
| Vacant Housing Units | 1,566 (10.8%) |
| Median Home Value | $201,090 |
| Average Home Value | $231,123 |
Housing Distribution
Address Breakdown
Residential
12,949
Single Family
11,666
Multi-Family
1,283
Businesses
755
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Listed by: Carmen R Flowers • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25077451