2123 Ridge RdLowmanNY14861
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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 Lowman at 2123 Ridge Rd, Lowman, NY, 14861 earns from $1,444/mo rent with a $4,772/mo payment. Total monthly income totals $1,444/mo. ROI tracks 1.11% on current figures, and rental yield reads 1.78% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 2.63% and total cumulative return in cash sums $8,439. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,444/mo property income instead of your personal income.
Single Family
Built in 1996
280.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14861, Lowman, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 535 (100%) |
| Owner Occupied HU | 379 (70.8%) |
| Renter Occupied HU | 89 (16.6%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $189,015 |
| Average Home Value | $214,103 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
593
Multi-Family
0
Businesses
14
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