2377 The LnLa FayetteNY13084
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 La Fayette at 2377 The Ln, La Fayette, NY, 13084 offers a 9.4% rental yield on a $129,900 purchase with $1,018/mo rent. Total monthly income registers $1,018/mo, and a $636/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,804/yr on $43,062 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 126.06% and total cumulative return in cash at $54,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,018/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13084, La Fayette, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,560 (77.4%) |
| Renter Occupied HU | 320 (15.9%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $253,203 |
| Average Home Value | $271,378 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,603
Multi-Family
222
Businesses
124
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Listed by: Sean Hagan • Limestone Creek Properties LLC
Mls Name: NYSAMLSs
Mls ID: #S1623669