2221 Big Tree RdLakewoodNY14750
Nearby investment properties with comparable rents
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 Lakewood at 2221 Big Tree Rd, Lakewood, NY, 14750 uses $43,062 cash to close to unlock $11,188/yr annual cash flow and $932/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $636/mo payment keeps the spread at $932/mo. Purchase price stands at $129,900, and rental yield measures 16.63% with $1,800/mo rent. Return on cash invested shows 45.89% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 242.9% and total cumulative return in cash records $104,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1940
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14750, Lakewood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,520 (100%) |
| Owner Occupied HU | 1,422 (56.4%) |
| Renter Occupied HU | 639 (25.4%) |
| Vacant Housing Units | 459 (18.2%) |
| Median Home Value | $191,549 |
| Average Home Value | $267,825 |
Housing Distribution
Address Breakdown
Residential
2,398
Single Family
2,112
Multi-Family
286
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices