111 Teaslewood LnMinoaNY13116
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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
Investment Highlights
Rental property for sale in Minoa at 111 Teaslewood Ln, Minoa, NY, 13116 priced at $174,900 converts $2,429/mo rent into $1,261/mo cash flow after a $856/mo obligation. Total monthly income equals $2,429/mo, and annual cash flow totals $15,133/yr on $57,979 invested. Return on cash invested prints 46.01% in year one, and rental yield reads 16.67% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 243.52% and total cumulative return in cash sums $141,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,429/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13116, Minoa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,484 (100%) |
| Owner Occupied HU | 1,082 (72.9%) |
| Renter Occupied HU | 358 (24.1%) |
| Vacant Housing Units | 44 ( 3.0%) |
| Median Home Value | $184,737 |
| Average Home Value | $204,214 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,419
Multi-Family
65
Businesses
55
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