Joliet, IL — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.5%

Below average

Monthly Cash Flow

-$199

After all expenses

Price-to-Rent

11.4

Investor-friendly

DSCR

0.86

Fails

📊 Key Metrics

Median Home Price
$272,850
Average Rent (3BR)
$2,000/mo
Price-to-Rent Ratio
11.4(good)
1% Rule
0.73%(fails — need 1%+)
Cash-on-Cash Return
-3.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Joliet for Investors

60432
Cap Rate: 7.3%Cash Flow: +$160/mo$203,868
60433
Cap Rate: 7.3%Cash Flow: +$162/mo$213,237
60435
Cap Rate: 5.5%Cash Flow: -$199/mo$272,850

All Zip Codes in Joliet

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
604327.3%+$160$203,868$1,870/mo1.15
604337.3%+$162$213,237$1,950/mo1.14
604355.5%-$199$272,850$2,000/mo0.86
604315.1%-$370$351,823$2,440/mo0.80
604315.1%-$370$351,823$2,440/mo0.80