2444 187th Pl,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 2444 187th Pl, Lansing, IL, 60438 offers a 8.8% rental yield on a $179,900 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $881/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $860/yr on $59,637 to close, and return on cash invested stands at 21.35% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 111.59% and total cumulative return in cash at $66,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.