14000 Grandview DrManitoIL61546
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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 Manito at 14000 Grandview Dr, Manito, IL, 61546 listed at $280,000 pairs $2,015/mo rent with a $1,370/mo payment to leave $73/mo cash flow. Total monthly income runs $2,015/mo, and annual cash flow reaches $880/yr on $92,820 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 8.64% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 108.94% and total cumulative return in cash totals $101,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,015/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.57 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
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Listed by: Darcy E Lawson • The Real Estate Group Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1259888
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.