218 E Meadow Lawn StManitoIL61546
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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 218 E Meadow Lawn St, Manito, IL, 61546 listed at $163,000 pairs $1,292/mo rent with a $798/mo payment to leave $161/mo cash flow. Total monthly income runs $1,292/mo, and annual cash flow reaches $1,934/yr on $54,035 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.51% at a $163,000 basis. Equity gained on principal adds $1,052/yr, and annual property appreciation at 5% supports $45,034 by year five. Five-year ROI tracks 123.09% and total cumulative return in cash totals $66,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,292/mo property income relative to a $798/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
10,190 sqft 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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