103 Wilcox 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 103 Wilcox St, Joliet, IL, 60435 priced at $176,700 converts $2,408/mo rent into $1,159/mo cash flow after a $865/mo obligation. Total monthly income equals $2,408/mo, and annual cash flow totals $13,913/yr on $58,576 invested. Return on cash invested prints 43.66% in year one, and rental yield reads 16.35% against a $176,700 entry. Equity gained on principal adds $1,140/yr, while 5% annual appreciation compiles into $48,819 by year five. Five-year ROI reaches 231.41% and total cumulative return in cash sums $135,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,408/mo property income covering a $865/mo payment, not borrower’s personal income.
Single Family
Built in 1906
4,791 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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