179 Sparrowhawk Lake RdSchenevusNY12155
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 Schenevus at 179 Sparrowhawk Lake Rd, Schenevus, NY, 12155 priced at $380,200 converts $3,637/mo rent into $1,073/mo cash flow after a $1,861/mo obligation. Total monthly income equals $3,637/mo, and annual cash flow totals $12,876/yr on $126,036 invested. Return on cash invested prints 30.12% in year one, and rental yield reads 11.48% against a $380,200 entry. Equity gained on principal adds $2,453/yr, while 5% annual appreciation compiles into $105,042 by year five. Five-year ROI reaches 158.34% and total cumulative return in cash sums $199,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,637/mo property income covering a $1,861/mo payment, not borrower’s personal income.
Single Family
Built in 1988
6.56 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12155, Schenevus, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 634 (55.7%) |
| Renter Occupied HU | 155 (13.6%) |
| Vacant Housing Units | 350 (30.7%) |
| Median Home Value | $203,670 |
| Average Home Value | $237,776 |
Housing Distribution
Address Breakdown
Residential
642
Single Family
642
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices