1025 Frederick 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
Investment property for sale in Joliet at 1025 Frederick St, Joliet, IL, 60435 uses $102,434 cash to close to unlock $9,541/yr annual cash flow and $795/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,512/mo payment keeps the spread at $795/mo. Purchase price stands at $309,000, and rental yield measures 11.41% with $2,938/mo rent. Return on cash invested shows 29.22% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 153.8% and total cumulative return in cash records $157,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1949
2,695 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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