The Wright Plan, Greystone EstatesBellevilleIL62221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 The Wright Plan, Greystone Estates, Belleville, IL, 62221 at $367,200 posts ROI 34.61% with $1,491/mo cash flow from $4,038/mo rent. Total monthly income equals $4,038/mo, and annual cash flow records $17,896/yr on $121,727 to close. Return on cash invested measures 34.61% and rental yield reads 13.2% at the current $367,200. Equity gained on principal adds $2,369/yr, and 5% annual appreciation supports $101,451 by year five. Five-year ROI prints 182.68% and total cumulative return in cash totals $222,374.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,038/mo property income rather than your personal income records (W2s, Paystubs, and 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