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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Joliet at 1420 Woodbridge Rd APT 1E, Joliet, IL, 60436 uses $61,328 cash to close to unlock $1,647/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $905/mo payment keeps the spread at $137/mo. Purchase price stands at $185,000, and rental yield measures 9.21% with $1,420/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 118.27% and total cumulative return in cash records $72,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60436, Joliet, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,976 (100%) |
| Owner Occupied HU | 4,157 (59.6%) |
| Renter Occupied HU | 2,404 (34.5%) |
| Vacant Housing Units | 415 ( 5.9%) |
| Median Home Value | $208,947 |
| Average Home Value | $288,261 |
Residential
6,525
Single Family
5,854
Multi-Family
671
Businesses
539
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sarah Short • Coldwell Banker Real Estate Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12511573
