22479 Waterville RdLorraineNY13659
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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 Lorraine at 22479 Waterville Rd, Lorraine, NY, 13659 offers a 20.04% rental yield on a $232,400 purchase with $3,882/mo rent. Total monthly income registers $3,882/mo, and a $1,137/mo payment leaves $2,331/mo available for distribution. Annual cash flow reaches $27,967/yr on $77,041 to close, and return on cash invested stands at 56.21% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,208 over five years. Portfolio math shows five-year ROI at 298.17% and total cumulative return in cash at $229,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,882/mo property income against a $1,137/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13659, Lorraine, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 329 (100%) |
| Owner Occupied HU | 146 (44.4%) |
| Renter Occupied HU | 26 ( 7.9%) |
| Vacant Housing Units | 157 (47.7%) |
| Median Home Value | $191,667 |
| Average Home Value | $206,216 |
Housing Distribution
Address Breakdown
Residential
196
Single Family
196
Multi-Family
0
Businesses
6
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