7449 Myrtle 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 7449 Myrtle St, Manito, IL, 61546 uses $49,692 cash to close to unlock $1,259/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $1,145/mo, and a $734/mo payment keeps the spread at $105/mo. Purchase price stands at $149,900, and rental yield measures 9.17% with $1,145/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 117.41% and total cumulative return in cash records $58,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,145/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.44 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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Listed by: Stephen Schauble • The Royal Realty Company Illin
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257147
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.