1726 Parkside PlLimaNY14485
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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 Lima at 1726 Parkside Pl, Lima, NY, 14485 generates $2,174/mo in rent and, after a $1,444/mo payment, leaves $204/mo in cash flow. Total monthly income is $2,174/mo, and annual cash flow is $2,447/yr on $97,793 invested. Return on cash invested sits at 22.41% in year one, and rental yield is 8.84% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 116.89% and total cumulative return in cash sums $114,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14485, Lima, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,252 (69.7%) |
| Renter Occupied HU | 411 (22.9%) |
| Vacant Housing Units | 133 ( 7.4%) |
| Median Home Value | $207,059 |
| Average Home Value | $238,822 |
Housing Distribution
Address Breakdown
Residential
1,502
Single Family
1,454
Multi-Family
48
Businesses
115
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