7620 Baxter 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
Investment property for sale in Belleville at 7620 Baxter Dr, Belleville, IL, 62223 uses $62,985 cash to close to unlock $3,862/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $930/mo payment keeps the spread at $322/mo. Purchase price stands at $190,000, and rental yield measures 11.34% with $1,795/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash records $86,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.41 Acres lot
$N/A/sqft
$100 monthly HOA
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Listed by: Rachel Helbig Burkarth • Coldwell Banker Brown Realtors
Mls Name: MARIS
Mls Provider:
Mls ID: #25039542
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