2204 Woodsfield DrLake ViewNY14085
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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 Lake View at 2204 Woodsfield Dr, Lake View, NY, 14085 uses $119,307 cash to close to unlock $2,138/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,582/mo, and a $1,762/mo payment keeps the spread at $178/mo. Purchase price stands at $359,900, and rental yield measures 8.61% with $2,582/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash records $134,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,582/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1997
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14085, Lake View, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,017 (100%) |
| Owner Occupied HU | 2,754 (91.3%) |
| Renter Occupied HU | 138 ( 4.6%) |
| Vacant Housing Units | 125 ( 4.1%) |
| Median Home Value | $318,886 |
| Average Home Value | $350,070 |
Housing Distribution
Address Breakdown
Residential
2,969
Single Family
2,969
Multi-Family
0
Businesses
79
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