1015 Meadow PathMantenoIL60950
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1015 Meadow Path, Manteno, IL, 60950 in Manteno. At $444,900 it earns $3,418/mo in rent and distributes $332/mo to the owner after the $2,001/mo payment, a consistent 9.22% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $122,918 in value; $4,098/yr in principal paydown compounds ownership stake. Total projected return: $191,502.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $332 | $150 |
City averages based on Manteno market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,418 |
| Total Monthly Debt Service | $2,909 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,763 (72.8%) |
| Renter Occupied HU | 1,125 (21.8%) |
| Vacant Housing Units | 282 ( 5.5%) |
| Median Home Value | $256,480 |
| Average Home Value | $267,872 |
Housing Distribution
Address Breakdown
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
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
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,763 (72.8%) |
| Renter Occupied HU | 1,125 (21.8%) |
| Vacant Housing Units | 282 ( 5.5%) |
| Median Home Value | $256,480 |
| Average Home Value | $267,872 |
Housing Distribution
Address Breakdown
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices