62 Arabelle DrBellevilleIL62220
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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 Belleville at 62 Arabelle Dr, Belleville, IL, 62220 priced at $349,900 converts $1,908/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,908/mo. Return on cash invested prints 14.54% in year one, and rental yield reads 6.54% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 75.01% and total cumulative return in cash sums $87,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1980
6,098 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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