17006 Park AveLansingIL60438
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 17006 Park Ave, Lansing, IL, 60438 in Lansing: $2,118/mo in rent, $1,073/mo net, 16.97% gross yield, all on a $149,800 acquisition. The 3.14 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $41,387 in value, and $1,380/yr in principal paydown steadily builds equity. Projected total cumulative return: $126,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 7.2% |
| Monthly Cash Flow | $1,073 | $1,200 |
City averages based on Lansing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,118 |
| Total Monthly Debt Service | $985 |
| DSCR Ratio | 2.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1954
6,250 sqft lot
$N/A/sqft
No HOA
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 1954
6,250 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices