2700 Eagle Dr #2700JolietIL60436
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2700 Eagle Dr #2700, Joliet, IL, 60436 in Joliet is priced for appreciation, not yield. Rental yield 5.07%. At $284,000 with a 5.07% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $78,464 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.94) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $59,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.8% |
| Monthly Cash Flow | $(951) | $1,250 |
City averages based on Joliet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,199 |
| Total Monthly Debt Service | $1,857 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
N/A lot
$N/A/sqft
No 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
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
Condo
Built in 1998
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices