3238 178th St,Lansing,IL,60438

Investment Highlights

Investment property for sale in Lansing at 3238 178th St, Lansing, IL, 60438 offers a 8.38% rental yield on a $219,900 purchase with $1,536/mo rent. Total monthly income registers $1,536/mo, and a $1,076/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $132/yr on $72,897 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 104.87% and total cumulative return in cash at $76,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.