777 Lansmere Ave #FT8Q7D, Elgin, IL, 60124 | $1,176/mo Cash Flow

Off market

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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

Rental property for sale in Elgin at 777 Lansmere Ave #FT8Q7D, Elgin, IL, 60124 generates $4,428/mo in rent and, after a $2,295/mo payment, leaves $1,176/mo in cash flow. Total monthly income is $4,428/mo, and annual cash flow is $14,108/yr on $155,440 invested. Return on cash invested sits at 28.99% in year one, and rental yield is 11.33% on a $468,900 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,548 over five years. Five-year ROI reaches 152.49% and total cumulative return in cash sums $237,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,428/mo property income rather than buyer’s personal income.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA