2216 Beechwood Rd, Joliet, IL, 60432 | 6.56% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,940/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 6.56% with $1,940/mo rent. Return on cash invested shows 14.58% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 75.26% and total cumulative return in cash records $88,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,940/mo property income covering a $1,738/mo payment rather than investor’s personal income.

Single Family

Built in 2002

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60432, Joliet, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,747 (100%)
Owner Occupied HU	3,548 (52.6%)
Renter Occupied HU	2,760 (40.9%)
Vacant Housing Units	439 ( 6.5%)
Median Home Value	$223,712
Average Home Value	$264,620