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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Manteno at 264 W 3rd St, Manteno, IL, 60950 earns $74/mo cash flow from $1,807/mo rent with a $1,223/mo payment. Total monthly income totals $1,807/mo, and annual cash flow totals $885/yr on $82,842 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.68% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 109.56% and total cumulative return in cash sums $90,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,807/mo property income instead of your personal income.
Multi Family
Built in 1895
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,763 (72.8%) |
| Renter Occupied HU | 1,125 (21.8%) |
| Vacant Housing Units | 282 ( 5.5%) |
| Median Home Value | $256,480 |
| Average Home Value | $267,872 |
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Stauffenberg • LaMore Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12480472
