116 Spyglass LnFayettevilleNY13066
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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 Fayetteville at 116 Spyglass Ln, Fayetteville, NY, 13066 priced at $450,000 pairs $2,860/mo rent with after a $2,203/mo payment. Total monthly income equals $2,860/mo. Return on cash invested is 18.74% in year one, and rental yield stands at 7.63% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 97.22% and total cumulative return in cash reaches $145,026. For financing, Ziffy Mortgage’s DSCR program evaluates $2,860/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: James Gamble • Coldwell Banker Prime Prop,Inc
Mls Name: NYSAMLSs
Mls ID: #S1652993