244 Lake StWilsonNY14172
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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
Rental property for sale in Wilson at 244 Lake St, Wilson, NY, 14172 priced at $299,900 pairs $2,896/mo rent with $893/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,896/mo, and annual cash flow comes to $10,718/yr on $99,417 invested. Return on cash invested is 30.69% in year one, and rental yield stands at 11.59% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 161.33% and total cumulative return in cash reaches $160,384. For financing, Ziffy Mortgage’s DSCR program evaluates $2,896/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14172, Wilson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,734 (100%) |
| Owner Occupied HU | 1,181 (68.1%) |
| Renter Occupied HU | 228 (13.1%) |
| Vacant Housing Units | 325 (18.7%) |
| Median Home Value | $251,844 |
| Average Home Value | $301,361 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,180
Multi-Family
50
Businesses
102
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