110 Arizona AveJolietIL60433
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 110 Arizona Ave, Joliet, IL, 60433 in Joliet is a conservative rental investment at $238,000. Rental yield 8.31%. A 1.46 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $65,755; $1,995/yr in principal paydown supplements. Total projected return: $86,423.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $(3) | $1,250 |
City averages based on Joliet market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,648 |
| Total Monthly Debt Service | $1,614 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1922
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60433, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,189 (100%) |
| Owner Occupied HU | 3,616 (58.4%) |
| Renter Occupied HU | 2,180 (35.2%) |
| Vacant Housing Units | 393 ( 6.3%) |
| Median Home Value | $208,750 |
| Average Home Value | $266,442 |
Housing Distribution
Address Breakdown
Residential
5,691
Single Family
5,272
Multi-Family
419
Businesses
348
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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
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