24450 Shawnee Ln, Manhattan, IL, 60442 | 7.83% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,392/mo, and a $2,545/mo payment. Purchase price stands at $519,900, and rental yield measures 7.83% with $3,392/mo rent. Return on cash invested shows 18.56% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 96.55% and total cumulative return in cash records $165,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,392/mo property income covering a $2,545/mo payment rather than investor’s personal income.

Single Family

Built in 2008

8,712 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