16 Leah LnNorth ChiliNY14514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Chili at 16 Leah Ln, North Chili, NY, 14514 generates $3,346/mo in rent and, after a $2,117/mo payment, leaves $458/mo in cash flow. Total monthly income is $3,346/mo, and annual cash flow is $5,493/yr on $143,374 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.28% on a $432,500 entry. Equity gained on principal adds $2,791/yr, while 5% annual appreciation builds toward $119,492 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash sums $177,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,346/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14514, North Chili, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 1,849 (60.1%) |
| Renter Occupied HU | 1,107 (36.0%) |
| Vacant Housing Units | 120 ( 3.9%) |
| Median Home Value | $229,065 |
| Average Home Value | $254,601 |
Housing Distribution
Address Breakdown
Residential
2,879
Single Family
2,491
Multi-Family
388
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A