597 Spring Leaf DrJolietIL60431
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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 597 Spring Leaf Dr, Joliet, IL, 60431 with 5% annual appreciation on a $294,900 basis while $2,676/mo rent supports operations. Total monthly income totals $2,676/mo and a $1,443/mo payment preserves $631/mo for cash returns. Annual cash flow comes to $7,571/yr on $97,759 deployed, and return on cash invested reaches 27.65% in year one. Equity gained on principal adds $1,903/yr, and five-year appreciation sums $81,475 alongside rental yield of 10.89%. Five-year ROI measures 145.36% and total cumulative return in cash totals $142,099.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,676/mo property income versus a $1,443/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
1,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60431, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,431 (100%) |
| Owner Occupied HU | 8,764 (84.0%) |
| Renter Occupied HU | 1,224 (11.7%) |
| Vacant Housing Units | 443 ( 4.2%) |
| Median Home Value | $307,933 |
| Average Home Value | $338,146 |
Housing Distribution
Address Breakdown
Residential
9,961
Single Family
9,528
Multi-Family
433
Businesses
403
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