1501 Woodbridge Rd APT 3CJolietIL60436
Nearby investment properties with comparable rents
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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 1501 Woodbridge Rd APT 3C, Joliet, IL, 60436 generates $2,134/mo in rent and, after a $746/mo payment, leaves $773/mo in cash flow. Total monthly income is $2,134/mo, and annual cash flow is $9,272/yr on $50,554 invested. Return on cash invested sits at 38.25% in year one, and rental yield is 16.79% on a $152,500 entry. Equity gained on principal adds $984/yr, while 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 204.83% and total cumulative return in cash sums $103,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,134/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60436, Joliet, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
5,854
Multi-Family
671
Businesses
539
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Listed by: Patricia Stanfel • Spring Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #11823753
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)