7503 Currant 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 7503 Currant Dr, Joliet, IL, 60431 listed at $424,940 pairs $3,216/mo rent with a $2,080/mo payment to leave $268/mo cash flow. Total monthly income runs $3,216/mo, and annual cash flow reaches $3,221/yr on $140,868 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 9.08% at a $424,940 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,403 by year five. Five-year ROI tracks 116.1% and total cumulative return in cash totals $163,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,216/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,638 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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