2643 Ridge Rd,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 2643 Ridge Rd, Lansing, IL, 60438 listed at $242,000 pairs $2,162/mo rent with a $1,184/mo payment to leave $484/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $5,807/yr on $80,223 cash to close. Return on cash invested measures 27.15% in year one, and rental yield registers 10.72% at a $242,000 basis. Equity gained on principal adds $1,562/yr, and annual property appreciation at 5% supports $66,860 by year five. Five-year ROI tracks 142.64% and total cumulative return in cash totals $114,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,184/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).