6 Michael CtBethaltoIL62010
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 6 Michael Ct, Bethalto, IL, 62010 at $260,000 posts ROI 30.8% with $782/mo cash flow from $2,586/mo rent. Total monthly income equals $2,586/mo, and annual cash flow records $9,386/yr on $86,190 to close. Return on cash invested measures 30.8% and rental yield reads 11.94% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 162.26% and total cumulative return in cash totals $139,853.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,586/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
6,076 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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