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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 32 N Walnut St, Manteno, IL, 60950 with 5% annual appreciation on a $215,000 basis while $1,968/mo rent supports operations. Total monthly income totals $1,968/mo and a $1,052/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,724/yr on $71,273 deployed, and return on cash invested reaches 27.94% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.98%. Five-year ROI measures 146.95% and total cumulative return in cash totals $104,737.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,968/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
3,200 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: Sandy Wurster • @home realty|BROKERAGE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12499122
