11781 Lapp RdFillmoreNY14735
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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 Fillmore at 11781 Lapp Rd, Fillmore, NY, 14735 generates $2,362/mo in rent and, after a $1,664/mo payment, leaves $92/mo in cash flow. Total monthly income is $2,362/mo, and annual cash flow is $1,102/yr on $112,677 invested. Return on cash invested sits at 20.89% in year one, and rental yield is 8.34% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash sums $122,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1841
36.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14735, Fillmore, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,382 (100%) |
| Owner Occupied HU | 815 (59.0%) |
| Renter Occupied HU | 227 (16.4%) |
| Vacant Housing Units | 340 (24.6%) |
| Median Home Value | $135,372 |
| Average Home Value | $185,509 |
Housing Distribution
Address Breakdown
Residential
862
Single Family
839
Multi-Family
23
Businesses
51
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