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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 8967 N 4000e Rd, Manteno, IL, 60950 listed at $284,900 pairs $2,039/mo rent with a $1,394/mo payment to leave $63/mo cash flow. Total monthly income runs $2,039/mo, and annual cash flow reaches $760/yr on $94,444 cash to close. Return on cash invested measures 20.71% in year one, and rental yield registers 8.59% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 108.16% and total cumulative return in cash totals $102,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,039/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1911
0.54 Acres 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 |
|---|---|---|
| 2024-11-20 | Price change | $284,900 |
| 2024-11-12 | Price change | $289,900 |
| 2024-10-23 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $3842.00 | 9.33% | $48,924 | 13.26% |
| 2022-01-10 | $3514.18 | 2.90% | $43,195 | 3.76% |
| 2021-01-10 | $3415.24 | 2.39% | $41,628 | 4.74% |
Listed by: Jeremy Wilson • Berkshire Hathaway HomeServices Speckman Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12194600
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)
