1011 S Washington StManitoIL61546
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
Rental property for sale in Manito at 1011 S Washington St, Manito, IL, 61546 generates $1,397/mo in rent and, after a $857/mo payment, leaves $183/mo in cash flow. Total monthly income is $1,397/mo, and annual cash flow is $2,192/yr on $58,013 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.58% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $72,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61546, Manito, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,891 (100%) |
| Owner Occupied HU | 1,369 (72.4%) |
| Renter Occupied HU | 277 (14.6%) |
| Vacant Housing Units | 245 (13.0%) |
| Median Home Value | $151,413 |
| Average Home Value | $153,176 |
Housing Distribution
Address Breakdown
Residential
1,722
Single Family
1,706
Multi-Family
16
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices