1588 Route 23bLeedsNY12451
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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 Leeds at 1588 Route 23b, Leeds, NY, 12451 earns $641/mo cash flow from $2,210/mo rent with a $1,150/mo payment. Total monthly income totals $2,210/mo, and annual cash flow totals $7,691/yr on $77,903 capital. ROI tracks 29.78% on current figures, and rental yield reads 11.29% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 156.4% and total cumulative return in cash sums $121,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,210/mo property income instead of your personal income.
Single Family
Built in 1960
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12451, Leeds, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 577 (65.0%) |
| Renter Occupied HU | 172 (19.4%) |
| Vacant Housing Units | 139 (15.7%) |
| Median Home Value | $294,469 |
| Average Home Value | $364,970 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
78
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