15238 W Kenmare CirManhattanIL60442
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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 Manhattan at 15238 W Kenmare Cir, Manhattan, IL, 60442 uses $92,787 cash to close to unlock $9,078/yr annual cash flow and $757/mo monthly cash flow. Total monthly income runs $2,698/mo, and a $1,370/mo payment keeps the spread at $757/mo. Purchase price stands at $279,900, and rental yield measures 11.57% with $2,698/mo rent. Return on cash invested shows 29.69% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 156.3% and total cumulative return in cash records $145,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,698/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 2009
1,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60442, Manhattan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,883 (100%) |
| Owner Occupied HU | 4,330 (88.7%) |
| Renter Occupied HU | 384 ( 7.9%) |
| Vacant Housing Units | 169 ( 3.5%) |
| Median Home Value | $376,802 |
| Average Home Value | $413,287 |
Housing Distribution
Address Breakdown
Residential
4,451
Single Family
4,345
Multi-Family
106
Businesses
189
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