17046 Chicago AveLansingIL60438
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 17046 Chicago Ave, Lansing, IL, 60438 in Lansing. Priced at $115,000, it generates $2,939/mo in gross rent and $2,141/mo in net monthly cash flow, a 30.67% yield that comfortably supports the 5.68 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $25,694. Five-year appreciation: $31,772. Equity from principal paydown: $1,059/yr. Total projected cumulative return: $181,835.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 30.7% | 7.2% |
| Monthly Cash Flow | $2,141 | $1,200 |
City averages based on Lansing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,939 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 3.91x |
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
6,625 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
6,625 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices