18559 Escanaba Ct APT 305,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 18559 Escanaba Ct APT 305, Lansing, IL, 60438 uses $43,924 cash to close to unlock $1,158/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,016/mo, and a $649/mo payment keeps the spread at $96/mo. Purchase price stands at $132,500, and rental yield measures 9.2% with $1,016/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash records $51,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,016/mo property income covering a $649/mo payment rather than investor’s personal income.