2131 Lapham RdEast AuroraNY14052
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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
Investment property for sale in East Aurora at 2131 Lapham Rd, East Aurora, NY, 14052 listed at $799,000 pairs $4,313/mo rent with a $3,911/mo payment. Total monthly income runs $4,313/mo. Return on cash invested measures 15.39% in year one, and rental yield registers 6.48% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 79.24% and total cumulative return in cash totals $208,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,313/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1850
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14052, East Aurora, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 5,923 (78.6%) |
| Renter Occupied HU | 1,175 (15.6%) |
| Vacant Housing Units | 439 ( 5.8%) |
| Median Home Value | $366,803 |
| Average Home Value | $419,309 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,992
Multi-Family
337
Businesses
618
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Listed by: Amy G Mayfield • HUNT Real Estate Corporation
Mls Name: NYSAMLSs
Mls ID: #B1633419