The Jefferson Plan, Greystone EstatesBellevilleIL62221
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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 The Jefferson Plan, Greystone Estates, Belleville, IL, 62221 priced at $369,800 converts $4,595/mo rent into $2,030/mo cash flow after a $1,810/mo obligation. Total monthly income equals $4,595/mo, and annual cash flow totals $24,360/yr on $122,589 invested. Return on cash invested prints 39.78% in year one, and rental yield reads 14.91% against a $369,800 entry. Equity gained on principal adds $2,386/yr, while 5% annual appreciation compiles into $102,169 by year five. Five-year ROI reaches 210.37% and total cumulative return in cash sums $257,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,595/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62221, Belleville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 7,788 (61.2%) |
| Renter Occupied HU | 4,046 (31.8%) |
| Vacant Housing Units | 892 ( 7.0%) |
| Median Home Value | $232,761 |
| Average Home Value | $264,956 |
Housing Distribution
Address Breakdown
Residential
12,440
Single Family
11,741
Multi-Family
699
Businesses
368
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Listed by: Russ Allen • Fulford Homes
Mls Name: Fulford Homes
Mls Provider:
Mls ID: #N/A