351 E Southmoor 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 351 E Southmoor St, Manito, IL, 61546 uses $71,273 cash to close to unlock $4,656/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,879/mo, and a $1,052/mo payment keeps the spread at $388/mo. Purchase price stands at $215,000, and rental yield measures 10.49% with $1,879/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash records $99,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,879/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.32 Acres 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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