18037 Ridgewood Ave,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 18037 Ridgewood Ave, Lansing, IL, 60438 listed at $265,000 pairs $2,377/mo rent with a $1,297/mo payment to leave $539/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $6,467/yr on $87,848 cash to close. Return on cash invested measures 27.27% in year one, and rental yield registers 10.76% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 143.28% and total cumulative return in cash totals $125,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).