2844 193rd St, Lansing, IL, 60438 | $366/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2050 sft

4156 Viceroy St, Portage, IN, 46368

3 Bed
2 Bath
1623 sft

5301 Imperial Dr, Richton Park, IL, 60471

2 Bed
1 Bath
1623 sft

12625 S 73rd Ct, Palos Heights, IL, 60463

4 Bed
3 Bath
2629 sft

Jasmine Plan, Heritage Falls, Lowell, IN, 46356

Nearby investment properties with comparable prices

3 Bed
2 Bath
1724 sft

1236 Poppyfield Pl, Schererville, IN, 46375

3 Bed
3 Bath
1606 sft

13131 Carolina St, Crown Point, IN, 46307

3 Bed
2 Bath
1300 sft

Carlisle SF Plan, Monastery Woods, Cedar Lake, IN, 46303

3 Bed
3 Bath
1767 sft

18582 Percy Ln, Lowell, IN, 46356

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lansing at 2844 193rd St, Lansing, IL, 60438 uses $120,964 cash to close to unlock $4,392/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,897/mo, and a $1,786/mo payment keeps the spread at $366/mo. Purchase price stands at $364,900, and rental yield measures 9.53% with $2,897/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash records $149,112. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,897/mo property income covering a $1,786/mo payment rather than investor’s personal income.

Single Family

Built in 1970

0.26 Acres lot

$N/A/sqft

No HOA