2250 N Triphammer Rd #F6LansingNY14882
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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 Lansing at 2250 N Triphammer Rd #F6, Lansing, NY, 14882 earns $193/mo cash flow from $1,448/mo rent with a $920/mo payment. Total monthly income totals $1,448/mo, and annual cash flow totals $2,313/yr on $62,322 capital. ROI tracks 23.62% on current figures, and rental yield reads 9.24% at a $188,000 purchase. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 over five years. Five-year ROI reaches 123.4% and total cumulative return in cash sums $76,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Condo
Built in 1960
797.15 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14882, Lansing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,967 (100%) |
| Owner Occupied HU | 1,252 (63.7%) |
| Renter Occupied HU | 452 (23.0%) |
| Vacant Housing Units | 263 (13.4%) |
| Median Home Value | $353,425 |
| Average Home Value | $490,954 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,722
Multi-Family
40
Businesses
127
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