218 Cedar LaneGreenvilleNY12083
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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 Greenville at 218 Cedar Lane, Greenville, NY, 12083 uses $132,534 cash to close to unlock $780/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $2,735/mo, and a $1,957/mo payment keeps the spread at $65/mo. Purchase price stands at $399,800, and rental yield measures 8.21% with $2,735/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $110,457 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash records $141,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,735/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1998
53.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12083, Greenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,252 (66.5%) |
| Renter Occupied HU | 338 (18.0%) |
| Vacant Housing Units | 292 (15.5%) |
| Median Home Value | $318,382 |
| Average Home Value | $385,980 |
Housing Distribution
Address Breakdown
Residential
1,603
Single Family
1,472
Multi-Family
131
Businesses
119
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Listed by: Nedim Alivodic • Laviano & Associates Real Estate Group
Mls Name: Global MLS
Mls ID: #202528042