24201 S William DrManhattanIL60442
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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 24201 S William Dr, Manhattan, IL, 60442 earns $803/mo cash flow from $4,930/mo rent with a $2,912/mo payment. Total monthly income totals $4,930/mo, and annual cash flow totals $9,638/yr on $195,755 capital. ROI tracks 24.98% on current figures, and rental yield reads 9.94% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 131.03% and total cumulative return in cash sums $256,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,930/mo property income instead of your personal income.
Single Family
Built in 2023
0.27 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
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