3 Landgrove DrFayettevilleNY13066
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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 Fayetteville at 3 Landgrove Dr, Fayetteville, NY, 13066 generates $3,894/mo in rent and, after a $2,402/mo payment, leaves $617/mo in cash flow. Total monthly income is $3,894/mo, and annual cash flow is $7,401/yr on $162,700 invested. Return on cash invested sits at 24.46% in year one, and rental yield is 9.52% on a $490,800 entry. Equity gained on principal adds $3,167/yr, while 5% annual appreciation builds toward $135,599 over five years. Five-year ROI reaches 127.86% and total cumulative return in cash sums $208,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,894/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13066, Fayetteville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 4,248 (73.0%) |
| Renter Occupied HU | 1,261 (21.7%) |
| Vacant Housing Units | 313 ( 5.4%) |
| Median Home Value | $313,571 |
| Average Home Value | $370,514 |
Housing Distribution
Address Breakdown
Residential
5,684
Single Family
4,974
Multi-Family
710
Businesses
482
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Listed by: N/A • N/A
Mls Name: HUNT ERA Real Estate
Mls ID: #S1611828