137 Lafayette AveGenevaNY14456
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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 Geneva at 137 Lafayette Ave, Geneva, NY, 14456 priced at $160,000 pairs $2,056/mo rent with $988/mo cash flow after a $783/mo payment. Total monthly income equals $2,056/mo, and annual cash flow comes to $11,852/yr on $53,040 invested. Return on cash invested is 42.25% in year one, and rental yield stands at 15.42% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 223.33% and total cumulative return in cash reaches $118,454. For financing, Ziffy Mortgage’s DSCR program evaluates $2,056/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1894
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14456, Geneva, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,085 (100%) |
| Owner Occupied HU | 4,720 (52.0%) |
| Renter Occupied HU | 3,346 (36.8%) |
| Vacant Housing Units | 1,019 (11.2%) |
| Median Home Value | $194,127 |
| Average Home Value | $286,439 |
Housing Distribution
Address Breakdown
Residential
8,137
Single Family
6,987
Multi-Family
1,150
Businesses
868
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