1851 Towhee CtJolietIL60435
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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 1851 Towhee Ct, Joliet, IL, 60435 uses $58,013 cash to close to unlock $2,264/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $857/mo payment keeps the spread at $189/mo. Purchase price stands at $175,000, and rental yield measures 9.62% with $1,403/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.79% and total cumulative return in cash records $72,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $857/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
8,364 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60435, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,279 (100%) |
| Owner Occupied HU | 12,057 (62.5%) |
| Renter Occupied HU | 6,445 (33.4%) |
| Vacant Housing Units | 777 ( 4.0%) |
| Median Home Value | $240,246 |
| Average Home Value | $280,440 |
Housing Distribution
Address Breakdown
Residential
18,519
Single Family
16,011
Multi-Family
2,508
Businesses
1,368
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