14 Hanover StLancasterNY14086
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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
Investment property for sale in Lancaster at 14 Hanover St, Lancaster, NY, 14086 at $299,900 posts ROI 17.84% with from $1,831/mo rent. Total monthly income equals $1,831/mo. Return on cash invested measures 17.84% and rental yield reads 7.33% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 92.39% and total cumulative return in cash totals $91,852. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,831/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2010
1,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14086, Lancaster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,787 (100%) |
| Owner Occupied HU | 11,167 (75.5%) |
| Renter Occupied HU | 3,003 (20.3%) |
| Vacant Housing Units | 617 ( 4.2%) |
| Median Home Value | $322,753 |
| Average Home Value | $368,268 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
13,335
Multi-Family
1,033
Businesses
655
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