COVENTRY Plan, IvanhoeManhattanIL60442
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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
Investment Highlights
Rental property for sale in Manhattan at COVENTRY Plan, Ivanhoe, Manhattan, IL, 60442 priced at $462,990 pairs $4,352/mo rent with $1,141/mo cash flow after a $2,266/mo payment. Total monthly income equals $4,352/mo, and annual cash flow comes to $13,689/yr on $153,481 invested. Return on cash invested is 28.83% in year one, and rental yield stands at 11.28% on a $462,990 basis. Equity gained on principal adds $2,988/yr, and 5% annual appreciation accumulates to $127,916 by year five. Five-year ROI measures 151.64% and total cumulative return in cash reaches $232,744. For financing, Ziffy Mortgage’s DSCR program evaluates $4,352/mo property income against a $2,266/mo payment instead of your W2s, 1099s, or Tax returns.
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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