14 Lomar DrGenevaNY14456
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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 14 Lomar Dr, Geneva, NY, 14456 generates $3,322/mo in rent and, after a $1,786/mo payment, leaves $885/mo in cash flow. Total monthly income is $3,322/mo, and annual cash flow is $10,621/yr on $120,998 invested. Return on cash invested sits at 28.69% in year one, and rental yield is 10.92% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 150.58% and total cumulative return in cash sums $182,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,322/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.40 Acres 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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