710 Ingalls AveJolietIL60435
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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 710 Ingalls Ave, Joliet, IL, 60435 with 5% annual appreciation on a $236,900 basis while $1,644/mo rent supports operations. Total monthly income totals $1,644/mo and a $1,160/mo payment preserves $0/mo for cash returns. Annual cash flow comes to $4/yr on $78,532 deployed, and return on cash invested reaches 19.91% in year one. Equity gained on principal adds $1,529/yr, and five-year appreciation sums $65,451 alongside rental yield of 8.33%. Five-year ROI measures 103.91% and total cumulative return in cash totals $81,601.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,644/mo property income versus a $1,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
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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