707 S Meadow LnManitoIL61546
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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
Rental property for sale in Manito at 707 S Meadow Ln, Manito, IL, 61546 offers $1,168/mo rent that, after a $616/mo payment, leaves $202/mo cash flow. Total monthly income is $1,168/mo, and annual cash flow is $2,429/yr on $41,736 cash. Return on cash invested measures 25.73% in year one, and rental yield stands at 11.13% at a $125,900 entry. Equity gained on principal adds $812/yr while 5% annual appreciation compounds into $34,784 by year five. Five-year ROI records 136.05% and total cumulative return in cash reaches $56,784. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,168/mo property income versus a $616/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,780 sqft 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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Listed by: Stephanie L Do • Do Realty Services, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1030509
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.