818 Cochrane AveJolietIL60436
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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 818 Cochrane Ave, Joliet, IL, 60436 earns $1,206/mo cash flow from $2,534/mo rent with a $872/mo payment. Total monthly income totals $2,534/mo, and annual cash flow totals $14,472/yr on $59,033 capital. ROI tracks 44.42% on current figures, and rental yield reads 17.08% at a $178,077 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,199 over five years. Five-year ROI reaches 235.95% and total cumulative return in cash sums $139,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,534/mo property income instead of your personal income.
Single Family
Built in 1924
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60436, Joliet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,976 (100%) |
| Owner Occupied HU | 4,157 (59.6%) |
| Renter Occupied HU | 2,404 (34.5%) |
| Vacant Housing Units | 415 ( 5.9%) |
| Median Home Value | $208,947 |
| Average Home Value | $288,261 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
5,854
Multi-Family
671
Businesses
539
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