18855 Burnham Ave APT 132LansingIL60438
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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 18855 Burnham Ave APT 132, Lansing, IL, 60438 offers a 9.07% rental yield on a $121,500 purchase with $918/mo rent. 65% in year one. Equity gained on principal adds $784/yr while 5% annual appreciation supports $33,568 over five years. Portfolio math shows five-year ROI at 58.42% and total cumulative return in cash at $23,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $918/mo property income against a $595/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$344 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Gulay Gregoriou • Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12433729
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)