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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manteno at 1155 Meadow Path, Manteno, IL, 60950 priced at $420,000 pairs $3,092/mo rent with $37/mo cash flow after a $2,056/mo payment. Total monthly income equals $3,092/mo, and annual cash flow comes to $445/yr on $139,230 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 8.83% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 106% and total cumulative return in cash reaches $147,583. For financing, Ziffy Mortgage’s DSCR program evaluates $3,092/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
| 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 |
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $9884.80 | 7.84% | $107,114 | 13.29% |
| 2022-04-01 | $9166.18 | 2.97% | $94,545 | 4.17% |
| 2021-04-01 | $8901.72 | 1.80% | $90,762 | 4.54% |
Listed by: Melissa Jernigan • Roy Basham
Mls Name: My State MLS
Mls ID: #11460118
