1000 Oneida StJolietIL60435
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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 Joliet at 1000 Oneida St, Joliet, IL, 60435 offers $1,516/mo rent that, after a $978/mo payment, leaves $130/mo cash flow. Total monthly income is $1,516/mo, and annual cash flow is $1,559/yr on $66,258 cash. Return on cash invested measures 22.26% in year one, and rental yield stands at 9.1% at a $199,873 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,221 by year five. Five-year ROI records 116.44% and total cumulative return in cash reaches $77,152. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,516/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1884
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60435, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,279 (100%) |
| Owner Occupied HU | 12,057 (62.5%) |
| Renter Occupied HU | 6,445 (33.4%) |
| Vacant Housing Units | 777 ( 4.0%) |
| Median Home Value | $240,246 |
| Average Home Value | $280,440 |
Housing Distribution
Address Breakdown
Residential
18,519
Single Family
16,011
Multi-Family
2,508
Businesses
1,368
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