1513 Rickey DrJolietIL60433
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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
Investment property for sale in Joliet at 1513 Rickey Dr, Joliet, IL, 60433 earns $259/mo cash flow from $2,338/mo rent with a $1,467/mo payment. Total monthly income totals $2,338/mo, and annual cash flow totals $3,109/yr on $99,351 capital. ROI tracks 23.04% on current figures, and rental yield reads 9.36% at a $299,700 purchase. Equity gained on principal adds $1,934/yr, and 5% annual appreciation supports $82,802 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $119,870. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,338/mo property income instead of your personal income.
Single Family
Built in 1960
10,071 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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