7108 Carr DrBellevilleIL62223
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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 7108 Carr Dr, Belleville, IL, 62223 offers $1,301/mo rent that, after a $709/mo payment, leaves $291/mo cash flow. Total monthly income is $1,301/mo, and annual cash flow is $3,497/yr on $48,034 cash. Return on cash invested measures 27.19% in year one, and rental yield stands at 10.77% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 142.97% and total cumulative return in cash reaches $68,677. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,301/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Rachel Helbig Burkarth • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25017155
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