16264 W Pinto LnManhattanIL60442
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 16264 W Pinto Ln, Manhattan, IL, 60442 in Manhattan at $585,000 earns $4,145/mo in rent and nets $74/mo after the $2,631/mo payment, a 8.5% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $161,625 over five years. Ziffy Mortgage underwrites this on a 1.58 DSCR without U.S. credit history. With $5,388/yr in principal paydown, total projected return reaches $229,323.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $74 | $1,500 |
City averages based on Manhattan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,145 |
| Total Monthly Debt Service | $3,825 |
| DSCR Ratio | 1.08x |
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 2016
0.25 Acres 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
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 2016
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices