The Whitney 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 Whitney Plan, Greystone Estates, Belleville, IL, 62221 priced at $331,300 pairs $3,752/mo rent with $1,454/mo cash flow after a $1,622/mo payment. Total monthly income equals $3,752/mo, and annual cash flow comes to $17,443/yr on $109,826 invested. Return on cash invested is 35.79% in year one, and rental yield stands at 13.59% on a $331,300 basis. Equity gained on principal adds $2,138/yr, and 5% annual appreciation accumulates to $91,532 by year five. Five-year ROI measures 189% and total cumulative return in cash reaches $207,575. For financing, Ziffy Mortgage’s DSCR program evaluates $3,752/mo property income against a $1,622/mo payment instead of your W2s, 1099s, or Tax returns.
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