18 Grove StreetLloydNY12528
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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 Lloyd at 18 Grove Street, Lloyd, NY, 12528 offers $2,929/mo rent that, after a $2,080/mo payment, leaves $91/mo cash flow. Total monthly income is $2,929/mo, and annual cash flow is $1,093/yr on $140,888 cash. Return on cash invested measures 20.68% in year one, and rental yield stands at 8.27% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 107.67% and total cumulative return in cash reaches $151,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,929/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12528, Highland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,785 (60.6%) |
| Renter Occupied HU | 1,968 (31.5%) |
| Vacant Housing Units | 497 ( 8.0%) |
| Median Home Value | $415,318 |
| Average Home Value | $438,996 |
Housing Distribution
Address Breakdown
Residential
5,711
Single Family
5,431
Multi-Family
280
Businesses
436
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