3013 Heritage Dr APT 5JolietIL60435
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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 3013 Heritage Dr APT 5, Joliet, IL, 60435 listed at $124,900 pairs $993/mo rent with a $611/mo payment to leave $127/mo cash flow. Total monthly income runs $993/mo, and annual cash flow reaches $1,524/yr on $41,404 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 9.54% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 123.55% and total cumulative return in cash totals $51,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $993/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A 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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