7513 Honeysuckle LnJolietIL60431
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
Investment Highlights
Investment property for sale in Joliet at 7513 Honeysuckle Ln, Joliet, IL, 60431 listed at $379,990 pairs $3,216/mo rent with a $1,860/mo payment to leave $420/mo cash flow. Total monthly income runs $3,216/mo, and annual cash flow reaches $5,042/yr on $125,967 cash to close. Return on cash invested measures 23.91% in year one, and rental yield registers 10.16% at a $379,990 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,984 by year five. Five-year ROI tracks 125.87% and total cumulative return in cash totals $158,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,216/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,004 sqft lot
$N/A/sqft
$160 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Flemming • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12535895
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)