996 Meadow PathMantenoIL60950
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 996 Meadow Path, Manteno, IL, 60950 in Manteno is capital appreciation. Rental yield 3.13%. The 3.13% gross yield at $459,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $127,062 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.58) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $47,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 8.0% |
| Monthly Cash Flow | $(1,990) | $150 |
City averages based on Manteno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $3,007 |
| DSCR Ratio | 0.40x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60950, Manteno, IL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,993
Single Family
4,416
Multi-Family
577
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices