The Aspen II - Legacy Series Plan, Hanover EstatesManhattanIL60442
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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
Total monthly income runs $4,236/mo, and annual cash flow reaches $7,963/yr on $169,432 cash to close. Return on cash invested measures 24.76% in year one, and rental yield registers 9.87% at a $514,990 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,282 by year five. Five-year ROI tracks 129.82% and total cumulative return in cash totals $219,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,236/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
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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