1178 Route 214LanesvilleNY12450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lanesville at 1178 Route 214, Lanesville, NY, 12450 listed at $113,402 pairs $1,438/mo rent with a $555/mo payment to leave $681/mo cash flow. Total monthly income runs $1,438/mo, and annual cash flow reaches $8,169/yr on $37,593 cash to close. Return on cash invested measures 41.64% in year one, and rental yield registers 15.22% at a $113,402 basis. Equity gained on principal adds $732/yr, and annual property appreciation at 5% supports $31,331 by year five. Five-year ROI tracks 220% and total cumulative return in cash totals $82,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,438/mo property income relative to a $555/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12450, Lanesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 55 (25.5%) |
| Renter Occupied HU | 31 (14.4%) |
| Vacant Housing Units | 130 (60.2%) |
| Median Home Value | $273,214 |
| Average Home Value | $363,591 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
8
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