18356 Myrtle Ct APT 2LansingIL60438
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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
Investment property for sale in Lansing at 18356 Myrtle Ct APT 2, Lansing, IL, 60438 earns $832/mo cash flow from $1,972/mo rent with a $587/mo payment. Total monthly income totals $1,972/mo, and annual cash flow totals $9,984/yr on $39,780 capital. ROI tracks 45.01% on current figures, and rental yield reads 19.72% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 241.74% and total cumulative return in cash sums $96,163. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,972/mo property income instead of your personal income.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
$308 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Marable • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12262570
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