1519 Lebanon Ave

Belleville, IL 62221
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4 bd, 1 ba | 1,664 sqft | Built in 1931

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List Price
$74,900

$14.1K

Initial Investment

$18,258

Purchase Price

$67,000

Down Payment

25%

Rent

$1,590

Total Return

$47,350

Annualized Return

40.7%

Cap Rate

15.3%

Gross Yield

28.5%

Cash Flow

$5,546

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None
Bigger than it looks! Quaint home perfect for a starter or investment. Plenty of living space with the full finished basement. Conveniently located minutes from Scott Air Force Base, shopping, Metro Link, and much more. Newer A/C.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463

Annual Financial Highlights

Expected Rent

$18,126

Expenses

-$6,338

Property Taxes

-$2,600

Loan Payments

-$3,642

Net Cash Flow

$5,546

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Renee Estes
Agent License 475135463
Strano & Associates
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #22079401
Last Updated: 01/05/2023 09:01
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.