282 Stone Quarry RdLockwoodNY14859
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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 Lockwood at 282 Stone Quarry Rd, Lockwood, NY, 14859 generates $1,133/mo in rent and, after a $563/mo payment, leaves $365/mo in cash flow. Total monthly income is $1,133/mo, and annual cash flow is $4,379/yr on $38,123 invested. Return on cash invested sits at 31.4% in year one, and rental yield is 11.82% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 165.09% and total cumulative return in cash sums $62,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,133/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
5.16 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dianna Burris • Howard Hanna At Home Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722763
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.