2258 Knights LnWaterportNY14571
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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 Waterport at 2258 Knights Ln, Waterport, NY, 14571 uses $65,969 cash to close to unlock $4,405/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $1,696/mo, and a $974/mo payment keeps the spread at $367/mo. Purchase price stands at $199,000, and rental yield measures 10.23% with $1,696/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash records $91,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1953
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14571, Waterport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 463 (59.7%) |
| Renter Occupied HU | 60 ( 7.7%) |
| Vacant Housing Units | 253 (32.6%) |
| Median Home Value | $171,875 |
| Average Home Value | $229,271 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
529
Multi-Family
0
Businesses
25
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