1106 Heron CirJolietIL60431
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1106 Heron Cir, Joliet, IL, 60431 earns $755/mo cash flow from $2,798/mo rent with a $1,298/mo payment. Total monthly income totals $2,798/mo, and annual cash flow totals $9,063/yr on $87,881 capital. ROI tracks 30.22% on current figures, and rental yield reads 12.67% at a $265,100 purchase. Equity gained on principal adds $1,711/yr, and 5% annual appreciation supports $73,242 over five years. Five-year ROI reaches 160.17% and total cumulative return in cash sums $140,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,798/mo property income instead of your personal income.
Condo
Built in 2006
1,752 sqft lot
$N/A/sqft
$158 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60431, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,431 (100%) |
| Owner Occupied HU | 8,764 (84.0%) |
| Renter Occupied HU | 1,224 (11.7%) |
| Vacant Housing Units | 443 ( 4.2%) |
| Median Home Value | $307,933 |
| Average Home Value | $338,146 |
Housing Distribution
Address Breakdown
Residential
9,961
Single Family
9,528
Multi-Family
433
Businesses
403
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