254 McRoberts StJolietIL60432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 254 McRoberts St, Joliet, IL, 60432 at $155,000 posts ROI 22.37% with $106/mo cash flow from $1,181/mo rent. Total monthly income equals $1,181/mo, and annual cash flow records $1,266/yr on $51,383 to close. Return on cash invested measures 22.37% and rental yield reads 9.14% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 117.06% and total cumulative return in cash totals $60,148.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,181/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1894
6,221 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 |
Housing Distribution
Address Breakdown
Residential
6,206
Single Family
5,805
Multi-Family
401
Businesses
648
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