138 Wart RdLaconaNY13083
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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 Lacona at 138 Wart Rd, Lacona, NY, 13083 priced at $179,995 pairs $1,393/mo rent with $191/mo cash flow after a $881/mo payment. Total monthly income equals $1,393/mo, and annual cash flow comes to $2,292/yr on $59,668 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 9.29% on a $179,995 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,729 by year five. Five-year ROI measures 124.15% and total cumulative return in cash reaches $74,079. For financing, Ziffy Mortgage’s DSCR program evaluates $1,393/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
13.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13083, Lacona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 626 (63.4%) |
| Renter Occupied HU | 160 (16.2%) |
| Vacant Housing Units | 201 (20.4%) |
| Median Home Value | $174,185 |
| Average Home Value | $227,652 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
25
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