2950 188th Pl, Lansing, IL, 60438 | $38/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lansing at 2950 188th Pl, Lansing, IL, 60438 uses $84,499 cash to close to unlock $451/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,806/mo, and a $1,248/mo payment keeps the spread at $38/mo. Purchase price stands at $254,900, and rental yield measures 8.5% with $1,806/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash records $90,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,806/mo property income covering a $1,248/mo payment rather than investor’s personal income.

Single Family

Built in 1964

8,276 sqft lot

$N/A/sqft

No HOA