2260 Lamson RdPhoenixNY13135
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 Phoenix at 2260 Lamson Rd, Phoenix, NY, 13135 offers a 6.93% rental yield on a $620,000 purchase with $3,581/mo rent. 77% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,295 over five years. Portfolio math shows five-year ROI at 86.62% and total cumulative return in cash at $176,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,581/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
15.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13135, Phoenix, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,738 (100%) |
| Owner Occupied HU | 1,800 (65.7%) |
| Renter Occupied HU | 680 (24.8%) |
| Vacant Housing Units | 258 ( 9.4%) |
| Median Home Value | $205,943 |
| Average Home Value | $237,811 |
Housing Distribution
Address Breakdown
Residential
2,709
Single Family
2,403
Multi-Family
306
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices