The property at 501 E McKinley St is a 2-bed, 2-bath single family home with 2,110 sqft. Based on recent comps and market data, similar homes in Belleville rent for $1,075–$1,350/month, with single-family homes averaging $1,397/month and two-bed units averaging $950–$1,500[1][2][3]. At the high end, annual gross revenue could reach $16.2K. Given the low list price ($49.9K), the payback period on acquisition could be as short as 3–4 years before expenses. The area shows steady rental demand, but rents have cooled slightly YoY. The property’s large square footage, attached garage, and 2 full baths are appealing, but the as-is condition signals needed updates that may impact initial rent levels.

To maximize rental income, invest in cosmetic upgrades: fresh paint, new flooring, and updated kitchens/baths can command top rent and attract better tenants. If selling, consider completing basic repairs to market as move-in ready; this can broaden your buyer pool to include both owner-occupants and investors, potentially driving a higher sale price. Highlight the property’s size, garage, and proximity to good schools.