416 Manor Ct UNIT BNew LenoxIL60451
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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 New Lenox at 416 Manor Ct UNIT B, New Lenox, IL, 60451 listed at $165,500 pairs $2,276/mo rent with a $810/mo payment to leave $957/mo cash flow. Total monthly income runs $2,276/mo, and annual cash flow reaches $11,485/yr on $54,863 cash to close. Return on cash invested measures 40.84% in year one, and rental yield registers 16.5% at a $165,500 basis. Equity gained on principal adds $1,068/yr, and annual property appreciation at 5% supports $45,725 by year five. Five-year ROI tracks 217.52% and total cumulative return in cash totals $119,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,276/mo property income relative to a $810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1972
N/A lot
$N/A/sqft
$171 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60451, New Lenox, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,629 (100%) |
| Owner Occupied HU | 12,081 (88.6%) |
| Renter Occupied HU | 1,087 ( 8.0%) |
| Vacant Housing Units | 461 ( 3.4%) |
| Median Home Value | $392,998 |
| Average Home Value | $431,186 |
Housing Distribution
Address Breakdown
Residential
13,287
Single Family
12,847
Multi-Family
440
Businesses
1,182
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Listed by: Joseph Nelson • CRIS Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #11928496
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)