2255 Lapham RdEast AuroraNY14052
Nearby investment properties with comparable rents
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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
Rental property for sale in East Aurora at 2255 Lapham Rd, East Aurora, NY, 14052 offers $2,220/mo rent that, after a $3,817/mo payment. Total monthly income is $2,220/mo. Return on cash invested measures 6.09% in year one, and rental yield stands at 3.42% at a $779,900 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,472 by year five. Five-year ROI records 29.35% and total cumulative return in cash reaches $75,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $3,817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14052, East Aurora, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 5,923 (78.6%) |
| Renter Occupied HU | 1,175 (15.6%) |
| Vacant Housing Units | 439 ( 5.8%) |
| Median Home Value | $366,803 |
| Average Home Value | $419,309 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,992
Multi-Family
337
Businesses
618
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Nearby investment properties with comparable prices
Listed by: Erica Kane • Gurney Becker & Bourne
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #B1562382
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