Cascade Model Plan, White Feather SubdivisonManhattanIL60442
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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 Manhattan at Cascade Model Plan, White Feather Subdivison, Manhattan, IL, 60442 priced at $447,900 converts $3,560/mo rent into $454/mo cash flow after a $2,192/mo obligation. Total monthly income equals $3,560/mo, and annual cash flow totals $5,442/yr on $148,479 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 9.54% against a $447,900 entry. Equity gained on principal adds $2,890/yr, while 5% annual appreciation compiles into $123,747 by year five. Five-year ROI reaches 123.49% and total cumulative return in cash sums $183,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,560/mo property income covering a $2,192/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60442, Manhattan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,883 (100%) |
| Owner Occupied HU | 4,330 (88.7%) |
| Renter Occupied HU | 384 ( 7.9%) |
| Vacant Housing Units | 169 ( 3.5%) |
| Median Home Value | $376,802 |
| Average Home Value | $413,287 |
Housing Distribution
Address Breakdown
Residential
4,451
Single Family
4,345
Multi-Family
106
Businesses
189
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