2809 Forest Ln,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 2809 Forest Ln, Lansing, IL, 60438 listed at $298,800 pairs $2,220/mo rent with a $1,462/mo payment to leave $148/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $1,775/yr on $99,052 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 8.92% at a $298,800 basis. Equity gained on principal adds $1,928/yr, and annual property appreciation at 5% supports $82,553 by year five. Five-year ROI tracks 113.43% and total cumulative return in cash totals $112,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,462/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).